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) - EconoTimes)
Unlock Date: March 19
Number of Tokens to be Unlocked: 15.50 million ZKJ (1.55% of Max Supply
Current Circulating Supply: 60.3 million ZKJ
Total supply: 1 Billion ZKJ
On March 19, 2025, Polyhedra Network (ZKJ) will be issuing 15.53 million ZKJ tokens, valued at approximately $31.38 million, representing approximately 25.72% of its circulating supply. The tokens issued will be distributed for network incentives (8.47 million), community, airdrop, and marketing (2.61 million), foundation reserves (3.61 million), and pre-TGE token buyers (800,000).
This release is anticipated to bring more market liquidity, and the added token supply can create price volatility as market participants respond to the new supply. The occurrence is in line with broader crypto trends in which big token releases have the potential to shift investor mood and trading dynamics. Polyhedra Network is looking to establish a more prominent role in the blockchain space with its zkBridge technology for secure cross-chain transactions and interoperability in Web3 applications
|
Round |
% of Allocation |
|
Ecosystem & Network Incentives |
+2.65% (+8.47M tokens) |
|
Community, Airdrop, and Marketing |
+1.74% (+2.61M tokens) |
|
Foundation Reserves |
+2.41% (+3.61M tokens) |
|
Token Purchasers (Pre-TGE Round) |
+4.00% (+800.00K tokens) |
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