According to TokenUnlock’s calendar, vesting will release 1INCH network tokens worth over $111.5 million on December 30. According to the platform, more than $111.5 million represents approximately 222,187,500 1INCH or nearly 15% of its supply.
1INCH launched its token in December 2020, with only 6% released into general circulation. The network capped its total supply at 1.5 billion. The locked tokens would be released through vesting every two years until December 2024. The upcoming vesting on December 30 will be the second and final one for 2022.
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