Just over half of these tokens will go towards ecosystem growth, a quarter will go towards publisher rewards, and the remaining tokens will help protocol development and be auctioned off through private sales.
This unlock is a cliff unlock, as defined by TokenUnlocks, meaning that a bulk of tokens will be unlocked at one moment rather than drip feeding across multiple days. Pyth will unlock 2.13 billion tokens in May 2024 with the next unlock, of the same amount of tokens, commencing a year later.
Aevo To Unlock $1.24 Billion
Whereas Aevo, for example, will implement both cliff and linear unlocks. Linear unlocks are released daily at a specified amount.
On May 15, 827.6 million AEVO tokens ($1.24 billion) will be dropped into the market. Then, 6.13 million AEVO tokens ($9.20 million) will be drip fed into the market each day for the next nine days.