acela.base.eth
@acela
414 Following
334 Followers
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😣 Celestia. Metrics are about to change
The Celestia modular blockchain is expecting a big smash as soon as the end of the month. To the current 267M TIA tokens in circulation, another 175.74M tokens will be added one day, i.e. +80%. For $TIA holders, this is at least a wake-up call to investigate which shares are being unbundled.
I don't have a TIA. I preferred the data availability layer from another less capitalized project that has unlocks not coming soon. But for you, my loyal associates, I looked at Celestia's tokenomics anyway.
Out of 175.74M tokens, 52.47M tokens will be unlocked for the seed round, which has 528x today 🤯. These humble guys entered the project at $0.01$ and shipped them almost 16% suplay, which is fat for sids. In addition 65M tokens will unlock for Series A+B rounds. Some have 55x, others have 5x. Another 58M TIA tokens from the impending unlock belong to the team, meaning the token cost for them is 0. 0 reply
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