Echelon establishes Parallel founder token unlocking contract, which will be unlocked monthly for 10 years

According to Foresight News, decentralized lending protocol Echelon tweeted that it has established a Parallel founder token unlocking contract, which is regulated by the Echelon Prime Foundation. Starting from August 31st, its shares will be unlocked monthly for 10 years, with 50154 Prime tokens unlocked on the last day of each month. Foresight News previously reported that Echelon tweeted that the unlocking of Parallel founder tokens, originally scheduled to begin today, will now be postponed by one month. The foundation is currently working closely with the studio to develop a comprehensive plan that will outline the specific number of tokens to be unlocked and the unlocking schedule. Unlocking will begin after the plan is announced