Echelon Foundation: Unlocking Parallel Founders will be delayed by one year to June 2025
On June 11, the Echelon Foundation announced that at the request of the founders of Parallel Studios, it is adjusting the Founder PRIME token issuance unlocking schedule as follows:
The unlocking schedule for Parallel Studios Treasury will be delayed by one year to June 2025 and will end in December 2027.
The Parallel Founders unlock schedule will be delayed by one year to June 2025.
The Parallel founder unlock schedule will be extended by one year, which will change the end date of the founder's token unlock release to December 2027.
In addition to the 600,000 PRIMEs that have been locked up for three years, the Parallel founders will also extend the existing cache tokens in the Wayfinder cache smart contract until June 2025.