OptionRoom Announces Extension of Lockups for VC investors Reducing Monthly VC Inflation by 75%

OptionRoom
Feb 18, 2021

--

We are glad to announce that due to the performance of OptionRoom and the long-term health of the project we have decided to adjust every Venture Capital investor allocation vesting to ensure long-term support and healthy value growth of the OptionRoom ecosystem.

These changes will take place on vesting start 5 April.

Seed Round Lockup Schedule:

Old: 7.5% per month starting April 5, released daily

New: 2% per month starting April 5, released daily for 3.3 years

Private Round Lockup Schedule:

Old: 15% per month starting April 5, released daily

New: 4% per month starting April 5, released daily for 1.6 years

These changes reduce the VC investor monthly inflation by 75%, ensuring long-term support and healthy value growth of the OptionRoom ecosystem.

--

--

OptionRoom
OptionRoom

Written by OptionRoom

OptionRoom — User governed oracle and forecast protocol built on Polkadot

Responses (1)