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
ONDOUSDT
Perp
0.5982
-0.51%
