Locking Strategy
SportPoint Partners with Team Finance and TrustSwap for Token Locking
We are excited to announce our partnership with Team Finance and TrustSwap to lock 50% of the remaining tokens after our recent burn. After burning 316,224,000 tokens from the total supply of 1 billion, we are left with 683,776,000 tokens.
Token Locking Plan- Total Tokens Locked: 341,888,000 POINT tokens (50% of remaining)
- Locking Period: 10 years
- Unlocking Schedule: Starting from the second year, 10% unlocked annually (34,188,800 POINT tokens per year)
- Team Finance: Provides robust security and token management solutions.
- TrustSwap: Oversees the unlocking schedule, ensuring compliance and security.
- Enhance Scarcity: Increase token value by reducing supply.
- Build Trust: Ensure transparency and security for the community.
- Ensure Stability: Prevent market oversaturation with gradual token unlocking.
This partnership with Team Finance and TrustSwap is a crucial step in building trust and ensuring the long-term stability of SportPoint.
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