More detailed information about #Ondo #Unlock in Jan 18th
Total of $3.9B will be unlocked, equivalent to 134% of current circulating supply (14.3% of total supply)
Also it's a cliff unlock not leanear, which means it will be open to trade starting from Jan 18th
Sounds pretty serious but taking a deeper look at it,
1. $1.61B is for Ecosystem Growth (55%)
2. $1.67B is for Protocol Dev (55%)
3. $654M is private sales, reserved for early investors (22%)
Which means, out of all tockens will be unlocked in Jan 18th, nearly 80% are allocated to Ecosystem Growth and Protocol Dev
It is highly likly to say only 20% will be available to be traded (or make impact to the price of Ondo)
Comment if you have different thoughts
At the end of the day, choice is yours