Lock up for Team
In order to maintain healthy market growth and sustainable operation, sales restrictions (lock up) are applied to the team. Specifically, sale restrictions will be lifted according to the following table for the total amount distributed.
Restriction Period(The day of IEO* is 0 and one month is 30 days) | Percentage of Limitation |
|---|---|
0〜12 month | 100% |
12+ month〜18 month | 75% |
18+ month〜24 month | 62.5% |
24+ month〜30 month | 50% |
30+ month〜36 month | 37.5% |
36+ month〜42 month | 25% |
42+ month〜48 month | 12.5% |
48+ month〜 | 0% |
This restriction does not prevent project team from staking for leadership in the early stage of governance.
*The date of receiving FNCT on IEO