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Heroes of Mavia: MAVIA circulating supply will remain below 14% until February 2025

Heroes of Mavia: MAVIA circulating supply will remain below 14% until February 2025

CointimeCointime2024/04/26 01:55
By:Cointime

According to the latest announcement from Heroes of Mavia, the blockchain game, $MAVIA's unlocking/issuance plan has been updated to reduce inflation and extend the unlocking period for the team, advisors, and ecosystem.Under the new changes, the circulating supply of MAVIA will remain below 14% until February 2025. These adjustments include:80% reduction in unlocking for "private placement," team, advisors, game rewards, and community and ecosystem.The unlocking period for "team" and "advisors" allocation will be extended to 1 year.These changes mean that there will be no token allocation for advisors or team in the next 10 months, and the issuance of other token allocation categories will also be reduced by 80%.

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