AltLayer: The ALT token will suspend its vesting schedule for 6 months after the first unlock on July 25

ChainCatcher message, AltLayer announced that the ALT token will pause its vesting schedule for 6 months after the first unlock on July 25, 2024. During the six months (from July 26, 2024, to January 24, 2025), no new tokens will be unlocked for investors, the team, advisors, finance departments, and others.

The next unlock will take place on January 25, 2025, and the tokens will vest linearly on a monthly basis, for a period of 2 years for investors, and for a period of 3 years for the team, advisors, finance departments, and others.