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1inch tokens worth over $100 million set to be unlocked by Dec | Decentralized Exchange News

1inch tokens worth over $100 million set to be unlocked by Dec. 30

1inch
, a decentralized exchange aggregator, is about to experience a massive unlock that will see tokens currently worth $111 million released from their vesting schedule, according to data from TokenUnlocks. The DEX aggregator launched its native token in December 2020. Only 6% of the total supply was released then, with the remaining tokens locked in a four-year vesting schedule ending in December 2024. Tokens were initially distributed among entities including the core team, investors, advisors and the community, as with other DeFi projects.

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