Blur Prepares for Token Unlock
Blur plans to unlock nearly 196 million BLUR tokens tomorrow, representing about 6.5% of the total supply and a 40% boost to the circulating supply, according to report from The Block.
The Deets
- 196 million BLUR tokens about to enter circulation
- Over 115.6 million tokens for past and future core contributors
- 75.4 million tokens set aside for investors
- 4.9 million tokens reserved for advisors
The Bulk
Blur will unlock approximately 196 million $BLUR tokens tomorrow. This represents a roughly 6.5 percent chunk of the total supply and 40 percent increase in the circulating supply.
The tokens are divided into distinct allocations with more than 15.6 million tokens are earmarked for past and future core contributors. Another 75.4 million tokens are allocated to investors. Finally, 4.9 million tokens are reserved for advisors, according to Token Unlocks.
📊 By the Numbers
$BLUR is down 36 percent in the last month to $0.31, 94 percent off the all-time highs.
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