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Avalanche Adds 55M AVAX Token For Sale
Summary: According to Avalanche, in order to accommodate more users, they are extending option A2 from 5M tokens to 60M while adding a maximum check size for option A2 of $25K for the first four hours (increases to $2.5M after). These new tokens come from the Avalanche Foundation. As a reminder, Option A2 necessitates a vesting ...
According to Avalanche, in order to accommodate more users, they are extending option A2 from 5M tokens to 60M while adding a maximum check size for option A2 of $25K for the first four hours (increases to $2.5M after). These new tokens come from the Avalanche Foundation. As a reminder, Option A2 necessitates a vesting schedule of 1.5 years. Options A1 and B will remain unchanged.
Following the community’s concerns regarding the rush to payment when the sale opens, they will enable a randomized queue to eliminate massive competition and “gas wars.” Starting a few hours before the start of the sale, all users who log in to the website will be placed in the queue.
Tracy Chen
