According to PANews, ZK Nation has released an announcement regarding the unlocking of ZK tokens. Initially issued in 2024, approximately 33.3% of the total token supply was allocated to Matter Labs team members and investors. On June 18, up to 25% of the vested team member token allocation and 10% of the vested investor token allocation will be unlocked. The token allocations received by Matter Labs team members and investors at the Token Generation Event (TGE) are set to unlock over four years, with a one-year vesting period.
Based on current calculations, the June unlock will release 3.6% of the total token supply, equivalent to approximately 760 million tokens, from the maximum supply of 21 billion tokens. Starting in July 2025, it is expected that 0.8% of the total token supply, around 167 million tokens, will be unlocked monthly until June 2028. It is noted that about 33.3% of the total token supply is allocated entirely to Matter Labs team members and investors, with no specific allocation to the Matter Labs entity itself.