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IndoDEX token now is officially locked up as planned. Complete details can be seen here.
As all of us have known that there are lots of chats happening around the community about when the token lockup is created which then creates fud. This article will officially end this. IDDX has been locking up the 33.18% of all tokens using Unicrypt.
Unicrypt is a multi-chain decentralized protocol which its liquidity locking service helps to solve the tenacious issue of investor confidence in DeFi by protecting investors from exit scams, and rug pulls. Great transparency, good credibility, and most importantly decentralizations makes IndoDEX choose Unicrypt.
As seen above, a total of 89,595,315 IDDX or as much as 33.18% of the total supply has been locked for 3 month on UniCrypt. Below are the locking details:
- 13,500,000 IDDX or 5% of the total supply for Team has been locked
- 13,500,000 IDDX or 5% of the total supply for Advisory has been locked
- 40,500,000 IDDX or 15% of the total supply for Marketing has been locked
- 22,095,315 IDDX or 8.18345% of the total supply for Treasury has been locked
Outside of this, we also lock the LP tokens, we lock 98.9% of the LP Tokens for when the IndoDEX is launched. We believe this provides more confidence to the investors. To summarize, the rest of 35% is already within the public presale via IDO with Genesis Pool.
For those who has been supporting this project, you guys are amazing, cheers!
