Important Announcement: ZKL Token Unlock Vesting Schedule Postponed
The zkLink core DAO would like to announce a decision to postpone the vesting token unlock schedule of our investors and team for a period of six (6) months.
The initially planned vesting schedule that was slated to begin from 22nd October 2024 will be postponed to 22nd April 2025, affecting 40.5% of the overall token supply.
The parties who will be directly affected following the new vesting schedule are:
- All Early Private Round Purchasers (Postponed to April 22, 2025)
- zkLink Core DAO team & Advisors (Postponed to July 22, 2025)
If you are one of the affected parties above, please note that your total vested token amount will be unchanged and the cliff will be extended for a period of six (6) months. The original vesting period, will remain unchanged.
CoinList community sale purchasers are unaffected by this schedule.
The reason for this decision is to align our ongoing efforts and interests in strengthening our community, while defending zkLink’s position as a leading infra company within the market.
We understand this may be disappointing, and we sincerely apologize for any inconvenience this may cause.
Please rest assured that this decision was made with the best interests of all stakeholders in mind. Our team is committed to create meaningful impact in the Web3 space by building products that solve fragmentation on all levels.
This includes better serving our B2B partnerships as we prepare for the upcoming launch of magicLinks and our magicPortal, set to radically define and impact Web3 businesses on the market by onboarding new users into their products with one-click magicLinks.
We appreciate your continued trust and patience as we navigate this period together. Should you have any questions or concerns, feel free to reach out to us on our Discord.
Warm regards,
zkLink Core DAO
