Bankr upgrades token issuance mechanism, by default allocating 15% of tokens to fee receivers with linear vesting over two years
Foresight News reports that Bankr has announced an upgrade to its fair launch mechanism, introducing a new default token distribution rule: in each issuance, 85% of the tokens will be allocated to the liquidity pool, while the remaining 15% will be linearly vested to the fee recipient over two years, with a 90-day lock-up period. This adjustment has taken effect for all new project issuances on the platform.
Previously, revenue from issuances on the Bankr platform came solely from transaction fees. After the upgrade, fee recipients will additionally receive an actual token share to enhance the flexibility of the mechanism. Bankr also notes that the 15% vested share is locked to the designated recipient address at the time of issuance, and any subsequent transfer of fee rights will not transfer the allocated vested amount.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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