Token Unlock Schedule (January 01, 2024 — December 31, 2024)

1. Token Unlock Period January 01, 2024, to December 31, 2024
2. Unlocked Quantity During the Period 408,000,000 (11.07% of the current circulating token supply)
3. Basic Information Total Issued Quantity: 4,900,000,000 Current Circulating Supply (pre-unlock): 3,687,000,000 Future Circulating Supply (post-unlock): 4,095,000,000

5. Purpose of Token Release and Other Relevant Information

ReapChain burned 2,700,000,000 out of 4,900,000,000 total issuances in the fourth quarter of 2022 to lower the inflation rate by increasing the value per token of REAP to induce a stable increase in value.

ReapChain has 1,213,000,000 tokens as of the fourth quarter of 2023. In addition, a total of 408,000,000 units will be distributed from Q1 to Q4 in 2024.

These tokens will be used for purposes such as securing the node ecosystem, operating expenses, technology, and research and development

Source: https://xangle.io/project/REAP/insight/disclosure/659b54d2bc620d70d49a789f