FCT/FCT2 Unlock Schedule Announcement for September to December 2021

FIRMACHAIN
FIRMACHAIN
Published in
2 min readNov 23, 2021

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Hello. This is FirmaChain.

This announcement is a recap of the token unlock schedule of 2021 announced via our official telegram channel in September.

Details

From the total token unlock supply for the year 2021, FirmaChain had a portion of tokens locked up from January to June of 2021 for the purpose of market stabilization. The tokens locked up during the above period are being unlocked starting October, as we have previously mentioned through our official telegram channel in September. Please note that the supply unlocked starting October (9,766,808) will decrease from the supply unlocked in the previous months(17,222,222) as can be shown in the following unlock schedule.

Circulation (Measured in FCT/FCT2)

  • September 2021
    Supply unlocked : 17,222,222
    Total Circulation post-unlock : 353,439,084
  • October 2021
    Supply Unlocked : 9,766,808
    Total Circulation post-unlock : 363,205,893
  • November 2021
    Supply Unlocked : 9,766,808
    Total Circulation post-unlock : 372,972,701
  • December 2021
    Supply Unlocked : 9,766,808
    Total Circulation post-unlock : 382,739,509

Miscellaneous

*Per our previous announcement, the DXM custody supply, test supply (100,000,100) and the supply bought back (7,293,300) are currently under lock up. We will notify in advance the unlock of the above supply.

*The final month’s lock up supply (June 2021 lock up supply) can be found in the etherscan address below.

https://etherscan.io/tx/0x7cefbc9224b2db50d75b8508c2cb51a6c047e4a51134a8925a2849c184814e80

https://etherscan.io/tx/0xd794fcf4912411a0725dc4c6b2f44cd20db97935d362a4884ce4f7d4aace86a6

https://etherscan.io/tx/0xcc66eb44f468ff2e9785ce252ea10b56d2e5cfc8744d5040ee947ca239232b7e

*The circulated supply includes decimal points but for the purpose of convenience, we’ve rounded the numbers up to integers. (The error range resulting from rounding up is less than 5 FCT/FCT2)

*Unlock does not necessarily mean the supply gets circulated in the market.

*The above unlock schedule is released for reference purposes and the schedule is subject to change depending on the roadmap and ecosystem expansion plan.

Any changes in the unlock schedule will be notified in advance of the event.

Thank you.

For more information about FirmaChain, or partnership inquiries, please contact us at contact@firmachain.org. Those who wish to join the FirmaChain team, please contact us at info@firmachain.org.

About FirmaChain

FirmaChain seeks to replace all written contracts governing social and legal issues by using an electronic contract platform based on FirmaChain’s data blockchain. Since traditional written and electronic documents are easy to forge, and the verification procedures are complicated, blockchain’s decentralization is used to solve the problem. FirmaChain can check the contract’s validity through its hash function, which can be verified in an independent node. This verification process can be used as a means to resolve legal disputes. Blockchain is an effective technology that eliminates the risk of forgery of such documents, and it is applied to the first DApp (decentralized application) of FirmaChain — DONUE.

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