According to ChainCatcher, XAI, the Layer3 solution for Arbitrum ecosystem games, announced on social media that before the upcoming token unlocking, XAI contributors have agreed to re-lock the tokens originally scheduled to be unlocked in July and spread them out over the next 6 months. As a result, the team's share of unlocking in July has been reduced from approximately 85 million to approximately 17.7 million.
XAI updated the specific details of the token unlocking in July, including: about 72.3 million tokens for investors, about 17.7 million tokens for the team, about 4.2 million tokens for consultants, about 5.2 million tokens for DACs, and about 8.5 million tokens for the Xai Foundation, totaling about 107.9 million tokens. XAI's current circulating supply is about 300 million tokens, and it is expected that the unlocked tokens will increase the circulating supply by about 36%.
XAI said its tokens will be unlocked on a daily basis rather than once a month.