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ZK Nation Token Unlock Scheduled for 2024-2028

ZK Nation announces an upcoming token unlock scheduled for June 2024, where about 760 million $ZK tokens will be released, representing roughly 3.6% of the total 21 billion supply. This unlock includes up to 25% of vested tokens allocated to the Matter Labs team and 10% to investors. Starting from July 2025 to June 2028, approximately 167 million $ZK tokens, or about 0.8% of the total supply, will be unlocked each month. Overall, around 33.3% of the total $ZK supply will be allocated to the Matter Labs team and investors, following a four-year vesting schedule with a one-year cliff. Matter Labs will not receive any additional token allocation beyond the team share.
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AI Analysis

The planned token unlock by ZK Nation marks an important milestone that could influence the token's market dynamics. Unlocking 33.3% of the total supply over several years suggests a move to incentivi...

AI Recommendation

It is advisable for investors to prepare for increased market activity around the unlock date in June 2024. Short-term traders might consider capitalizing on any volatility caused by this event, while...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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