Hello anon,
Below a research piece on how to prepare to the DYDX upcoming unlock, which could arguably be one of the most sizable in the coming period
UNLOCK INFORMATION
Around the 8th February 2023, DYDX will unlock 15% of its total supply (150m tokens worth c.$200m)
Circulating supply will reach 30% at the end of February 2023
From March 2023 to September 2023, the project will unlock 40% more
Circulating supply will reach 70% at the end of September 2023
The unlock will be mainly related to VCs / Private Sale investors and insiders
IDO price was $1 (note: information on seed / private sale round are not available)
EXTRA:
If interested to an excel database with past and future unlock dates of other 150 coins, feel free to reply to this email
VIEWS ON LIKELY EFFECT ON DYDX PRICE
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