AirDAO: The 1.5 billion tokens sent to DWF Labs are only for market making and will be returned after 36 months

ChainCatcher news, AirDAO Council Chairman Grimmers stated in the official community that on the first day of announcing the investment from DWF Labs, 1.5 billion tokens were provided to them for market making on CEX and future DEX, with no lock-up period, as DWF Labs needs the tokens to fulfill its commitments at the time of investment. After 36 months, this loan will be repaid to AirDAO in the same manner as the previous transaction.

As for the $7.5 million investment from DWF Labs, the tokens purchased at a small discount price will have a 12-month lock-up period. DWF Labs will receive 1/3 of these token shares at the end of the 12 months, and thereafter will receive 1/36 of the total amount each month until the end of 36 months.