super bullish, along with Lotus the foundation is working hard to cleanup all the economic missteps If you don’t know what this means, a large investor has no divested and tokens will be offered to new investors at a far higher base cost without hitting public markets and on a new vesting schedule
Celestia 🦣
Celestia 🦣24.7. klo 23.31
The Celestia Foundation has worked with Polychain Capital to assign Polychain’s entire remaining TIA holdings to new investors. This month, the Foundation purchased 43,451,616.09 TIA from Polychain Capital for $62.5m. Polychain will shortly be undelegating their entire staked TIA holdings in order to settle this transaction. To ensure neutral impact to the Foundation’s financial position, the Foundation is finalizing assignment of this TIA to new investors. These transactions will use a rolling unlock schedule, with the first unlock starting on 16 August and completing on 14 November.
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