《Countdown to unlocking huge amount of chips, risk prevention is urgent》
12 hours to go before Xai unlocks early chips, about 198.4 million tokens will be unlocked, accounting for 71.59% of the current circulation, worth about 55 million US dollars. Will it cause bloody storm? We will know tomorrow. Pay attention to Tucker and issue timely warnings when risks come.
The specific details of unlocking are as follows
• Team: 20% of the total supply is allocated to the core team and early contributors, which will be unlocked 6 months after TGE (token generation event), and the allocation will be unlocked within 36 months, for a total of 42 months;
• Investors: Investors in the early rounds purchased 22.41% of the total supply, which will be unlocked 6 months after TGE, and the allocation will be unlocked within 24 months, for a total of 30 months;
• Ecosystem: 2% of the total supply has been designated for market makers, and the allocation will be unlocked immediately at TGE; 5.5% of the total supply has been designated for the ecosystem, which will be unlocked 6 months after TGE and unlocked within 36 months, for a total of 42 months.
Originally, a large number of chips flowing into the market will cause fluctuations. Where there are risks, there will be opportunities. There may be a rebound after the price of the currency falls and the chips are absorbed, but now there is a time bomb buried by Dezi. The market is panicking and may not be able to take so many chips. Combined with the current environment, the risks are greater than the benefits. Please treat it rationally.
