CoinList will launch the Subsquid (SQD) community sale on January 19, and registration is now open

ChainCatcher news, according to official sources, CoinList has announced that the Subsquid (SQD) community sale will start at 2 AM Beijing time on January 19, and registration is now open. Details are as follows:

• The token supply is 53,480,000 SQD tokens (4% of the total supply);
• Each token is priced at $0.094;
• 20% will be released at TGE, followed by 6 months of linear vesting; the TGE is expected to occur around May 15, 2024;
• Initial purchase limits: minimum $50, maximum $2000 (only USDT/USDC).

Additionally, Subsquid can decide to sell an extra 13,370,000 SQD tokens (1% of the total supply) during the Subsquid community sale. It is reported that the Subsquid Network is a decentralized data lake and query engine focused on cross-chain indexing and fast querying, ensuring security through zero-knowledge proofs.