(12-Month Vesting)
- Details
- Continue with the current plan of a 12-month linear vesting schedule & single staking for all holders.
- Early migrators receive all of their previously agreed-upon bonuses, 10% for Early Migrators at TGE
- As described here https://docs.symm.io/token-information/symm-the-token
- Implementation:
- Immediately begin with development after the vote ends, then audit all contracts and launch $SYMM together with vesting & staking at once.
- No changes required to existing tokenomics.
- Create staking & vesting contracts & audit every custom implemented contracts then launch as initially planned. (Estimated time: 1-2 months)
- Why: Preserves the original plan, offering predictability and gradual token release.
- Pros:
- Aligns with initial expectations set for token holders.
- Cons:
- Liquidity on DEXs will be unsufficient.
- Market is currently aligning with the idea of low fdv, high float, which is contrarian to vesting.