Space ID's 18% Token Release This Month

Harshini Chakka

Space ID is a Web3 domain global name service network that is scheduled to unlock 18.3% of its token supply.

More than US$55 million worth of ID tokens will be unlocked on June 22, 2024.

To maintain a consistent flow of tokens, token unlocks control token emission over time.

An impending unlock will provide eight groups with around 78 million ID tokens.

This month saw the main releases of Arbitrum (ARB), Starknet (STRK), and Optimism (OP).