Post Listing Announcement: Circulation and Vesting
Dear Xeno Community members,
We would like to take this opportunity to make a quick clarifying announcement about the Xeno Team’s ongoing plan for the management of the XNO circulating supply and the continued XNO vesting schedule.
Currently, Xeno has reserved and made available 40 million XNO tokens for its current (Bithumb Exchange) and future exchange listings of XNO. These XNO have been earmarked from the initial token allocation for this purpose.
Aside from this amount, Xeno has a conservative vesting schedule planned over the coming 12 months whereby a limited number of XNO are intended to vest during that period. It should be noted that in this schedule no balance from the Team/Advisory/Partner Allocation is set to release from vesting within the first year after its listing.
Our goal remains to have organic value growth within the Xeno ecosystem. However, we would like to assure the community that any further changes would be communicated in advance and would only occur after community engagement whereby all community members and XNO holding voices can be heard on the matter.
Thank you for your continued support. We are humbled and grateful for all of our community members!
— the Xeno Team
Xeno Official Website: https://xno.live
Xeno Whitepaper: https://docsend.com/view/ic8b5tfpvxf8btdf
Xeno Official Medium: https://xenonfthub.medium.com
Xeno Official Twitter: https://twitter.com/xenonfthub