PANews reported on June 10 that ZK Nation released an announcement on the unlocking of ZK tokens. When ZK tokens are issued in 2024, Matter Labs team members and investors will receive a total of approximately 33.3% of the total supply. On June 18, up to 25% of the vested team member token allocations and 10% of the vested investor token allocations will be unlocked. The token allocations received by Matter Labs team members and investors at the TGE will be unlocked within 4 years, with a 1-year vesting period.
Based on current calculations, 3.6% (about 760 million) of the total maximum supply (21 billion) of tokens will be unlocked in June. Starting in July 2025, 0.8% (about 167 million) of the total supply is expected to be unlocked each month until June 2028. (Note: About 33.3% of the total token supply is allocated to Matter Labs team members and investors, and no Matter Labs entity itself is specifically allocated).
