The blockchain game Heroes of Mavia: The circulating supply of MAVIA will remain below 14% until February 2025

2024-04-26 10:02:49
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ChainCatcher news, the blockchain game Heroes of Mavia announced that the unlocking/release plan for the MAVIA token has been updated to reduce inflation and extend the unlocking period for the team, advisors, ecosystem, and others.

According to the new changes, the circulating supply of MAVIA will remain below 14% until February 2025. These adjustments include:

  • The unlocking of "private placement," team, advisors, game rewards, and community and ecosystem will be reduced by 80%.
  • The unlocking period for "team" and "advisors" allocations will be extended to 1 year.

These changes mean that there will be no token allocations for advisors or the team in the next 10 months, and the issuance of other token allocation categories will also be reduced by 80%.

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