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UXLINK released details of the community voting proposal: the proposed early unlocking ratio of tokens is set at 8%-12%, and investor tokens will not be unlocked early.
Odaily News UXLINK has announced the details of the Phase 2 Swap & Compensation Plan community voting proposal on the X platform, which mainly includes that UXLINK plans to unlock 8%-12% of the tokens in advance. The community, treasury, and team tokens will be unlocked according to the White Paper ratio, while investor tokens will not be unlocked in advance and will still be executed according to the original vesting schedule. All unlocked tokens will be deposited into a dedicated Multi-signature Wallet for exchange and compensation, but the 8%-12% is an estimated ratio, and the final amount will depend on coordination with the exchange and on-chain data; 2. The recovered funds (from the exchange) and the disposable portions of the team and treasury will be used to compensate affected users, and the proposed method is to repurchase UXLINK tokens and allocate them to the compensation plan. The Snapshot governance page shows that the end date of this proposal is October 9, and the current voting approval rate is 99.99%.