Render Network Will Regularly Unlock 12.6M RNDR In The First Half Of This Year
According to the official blog, the Render Network Foundation has announced the distribution and unlocking of the RNDR token. Of the 42 million tokens in the distribution plan, 12.6 million RNDR will be unlocked regularly in the first six months of 2023.
Render Network said that when the RNP-001 proposal was proposed last year, the balance in the treasury wallet was RNDR 257 million, of which 107 million will be allocated to partners. About 42 million are still being held for storage and subsequent distribution. This 107M “By Partners” project note is entirely separate from the proposed 107M Emissions schedule to be managed by the Foundation. There is some confusion as these balances are similar, but this is just that moment and is random. 68 million has been distributed since the Release schedule waste was published.
Source
https://t.me/DeFi_Ethereum
