AirDAO: The 1.5 billion tokens sent to DWF Labs are only for market making and will be returned after 36 months

According to ChainCatcher, AirDAO Council Chairman Grimmers said in the official community that 1.5 billion tokens were provided to DWF Labs on the first day of the announcement of the investment. They are used to make markets on CEX and future DEX. There is no lock-up period because DWF Labs needs tokens to fulfill its commitment at the time of investment. After 36 months, the loan will be returned to AirDAO in the same way as the last transaction.

As for DWF Labs’ investment of $7.5 million, the tokens purchased at a small discount will have a 12-month lock-up period, and DWF Labs will receive 1/3 of these token shares at the end of 12 months, and 1/36 of these total amounts each month thereafter until the end of 36 months.