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ETH $2,472.55 -0.34%
BNB $737.53 -1.23%
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TRX $0.3341 -0.36%
DOGE $0.0893 +0.61%
ADA $0.2188 +0.36%
BCH $265.95 +3.85%
LINK $12.84 +4.91%
HYPE $85.27 -3.19%
AAVE $131.51 -1.51%
SUI $0.8087 +1.72%
XLM $0.1911 +3.77%
ZEC $1,150.17 -2.13%

Sharding Capital Founder: APT has a 7-year lock-up period, specifically 3 years of cliff and 4 years of linear unlocking

2022-10-18 13:12:49

ChainCatcher news, Sharding Capital founder Belinda Zhou tweeted that there is currently no publicly transparent APT token economic data available for investors to DYOR, but what she knows as a VC is that APT has a 7-year lock-up period.

It is reported that the 7-year lock-up specifically consists of a 3-year cliff (pure lock-up) and a 4-year linear unlock. According to unofficial sources, the initial circulating supply should be around 0.47%. Since Aptos's last round of financing was valued at $4.5 billion, the initial market cap of APT should be around $20 million. (source link)

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