Heroes of Mavia: MAVIA circulating supply will remain below 14% until February 2025
According to the latest announcement from Heroes of Mavia, the blockchain game, $MAVIA's unlocking/issuance plan has been updated to reduce inflation and extend the unlocking period for the team, advisors, and ecosystem.Under the new changes, the circulating supply of MAVIA will remain below 14% until February 2025. These adjustments include:80% reduction in unlocking for "private placement," team, advisors, game rewards, and community and ecosystem.The unlocking period for "team" and "advisors" allocation will be extended to 1 year.These changes mean that there will be no token allocation for advisors or team in the next 10 months, and the issuance of other token allocation categories will also be reduced by 80%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
FTX bankruptcy managers accused of spending funds on luxury hotels, travel as creditors file legal action
FTX creditor calls for tighter review of extravagant $2,600 taxi spending by bankruptcy managers.
South Korea’s crypto market poised for change with new institutional guidelines
South Korea set to adjust laws, paving the way for crypto access in tune with global standards.
Bhutan’s Gelephu City Adopts Crypto for Strategic Reserves
By including highly liquid and secure digital assets, GMC aims to ensure that its reserves can be easily accessed and traded with minimal market impact.
South Korea Opens Doors for Companies to invest in Crypto