Curated News
By: NewsRamp Editorial Staff
September 03, 2024
Everclear Extends $NEXT Token Unlock Schedule
TLDR
- Everclear's extended token lock-up period provides a strategic advantage for long-term investors, ensuring sustained growth and stability.
- The $NEXT token unlock schedule has been adjusted to extend the lock-up period, with a linear unlocking rate of 1/19 per month, concluding in June 2026.
- The extension of the lock-up period for Everclear's $NEXT token aims to build trust, stabilize the ecosystem, and ensure sustainable growth for the community.
- Everclear's new protocol launch and rebrand, backed by major investors, have been positively received, with the mainnet launch scheduled for the coming weeks.
Impact - Why it Matters
This news matters as it demonstrates Everclear's commitment to long-term vision and community alignment, impacting the stability and growth trajectory of the ecosystem.
Summary
Everclear, the first Clearing Layer for Web3, has adjusted the unlock schedule for its $NEXT token, extending the lock-up period and unlocking at a linear rate of 1/19 per month. The decision was made after careful consideration and discussions with key stakeholders to ensure long-term alignment. Everclear is backed by major investors and aims to maintain momentum and strengthen the community's interests. The extension is a commitment to the long-term vision of building the foundation of the Chain Abstraction stack.
Source Statement
This curated news summary relied on content disributed by BlockchainWire. Read the original source here, Everclear Extends $NEXT Token Unlock Schedule
