$XAI did you see that?
sorry for the shorters 🤣
sorry for the shorters 🤣
Post
XAI_GAMES
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Many of you have likely read articles or other posts around the web about the upcoming XAI unlock. We’ve seen numbers as high as 79%. These reports are incorrect.
Ahead of the upcoming unlock, we're announcing that the Xai contributors have agreed to relock their July unlock tokens over 6 months. This brought the team number down from ~85M to ~17.7M in July.
The upcoming July unlock includes:
Investor: ~72.3M
Team: ~17.7M
Advisor: ~4.2M
DAC: ~5.2M
Xai Foundation: ~8.5M
The sum of all of this is approximately ~107.9M tokens unlocking in July. The current circulating supply of XAI is ~300M tokens. The ~107.9M tokens account for a ~36% increase, resulting in about 26% of the new circulating supply total. Please note the current totalSupply is 1,473,270,834. Also note esXAI is not counted amongst circulating supply as it is non-transferable.
All tokens unlocking from each allocation are unlocked on a daily unlock, not monthly. This is for all months, not just July. This means there is not a single day where a large amount of tokens will unlock all at once. Thank you for your support.
Ahead of the upcoming unlock, we're announcing that the Xai contributors have agreed to relock their July unlock tokens over 6 months. This brought the team number down from ~85M to ~17.7M in July.
The upcoming July unlock includes:
Investor: ~72.3M
Team: ~17.7M
Advisor: ~4.2M
DAC: ~5.2M
Xai Foundation: ~8.5M
The sum of all of this is approximately ~107.9M tokens unlocking in July. The current circulating supply of XAI is ~300M tokens. The ~107.9M tokens account for a ~36% increase, resulting in about 26% of the new circulating supply total. Please note the current totalSupply is 1,473,270,834. Also note esXAI is not counted amongst circulating supply as it is non-transferable.
All tokens unlocking from each allocation are unlocked on a daily unlock, not monthly. This is for all months, not just July. This means there is not a single day where a large amount of tokens will unlock all at once. Thank you for your support.