Conflux token unlocking adjustment: for the next four months, private investors and teams will be suspended from unlocking quota

The results of the Conflux Community Ecological Governance Poll (20210408) have been released, according to BlockBeats. 6 "private investors to unlock the Conflux DAO# condition adjustment" (forum. The Conflux. Fun/t/Conflux - dao - 6/6492) of the voting results showed that accounted for 96.50% of the vote to support future foundation by investors not unlock request in advance, And suggested investors to extend the lockup period.

According to the result of the ecological governance vote (20210408), the Foundation and the private investors have conducted a comprehensive negotiation on the adjustment of the monthly linear unlocking rate. The specific resolution results are as follows:

(1) The early unlock clause mentioned in the Economic White Paper will not be triggered in the future.

(2) Suspend the quota unlocking for private investors and the Conflux team for 4 months starting from May 2021, and then restore the quota release in the form of 20% increase per month. That is, in May 2021, 0% of the month's quota can be unlocked, in June, 0% of the month's quota can be unlocked, in July, 0% of the month's quota can be unlocked, in August, 20% of the month's quota can be unlocked, in October, 40% of the month's quota can be unlocked, and in November, 60% of the month's quota can be unlocked. In December, 80% of the month's quota can be unlocked.

(3) The suspended and reduced parts will be released in a linear unlock within six months after the end of the original unlock period (i.e. one and a half years or three and a half years).

Previously, all CFX members of the founder, chief scientist and team members of the Conflux team have voluntarily locked up to the announcement address until August 2021. To further demonstrate the Conflux core team's confidence in the future, this segment and the future unlocked CFX lockup period will be extended until at least February 2022.

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