Manta Network adjusts investor allocation contract, circulating supply is still locked

2025-01-13 18:37:49

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According to ChainCatcher news, Manta Network has adjusted the unlocking contract for investors (accounting for 24.11% of the total supply), while its actual circulation remains locked. This adjustment involves deploying a new investor contract on the Ethereum mainnet to align with the unlocking schedule that starts on January 18.

According to the official statement, these tokens will be re-locked into the new contract after the withdrawal period and contract deployment period, and will be gradually released over 3 years in a linear unlocking manner. Manta Network stated that the choice of the Ethereum mainnet is due to Ethereum's upcoming support for custodians like Fireblocks and Manta to conduct native staking on Ethereum.

Currently, Manta Network is communicating with @CoinGecko and @CoinMarketCap to update circulation supply data. As the new contract has not been fully deployed yet, data synchronization may take additional time.

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