[Announcement]: Lock-up & Consensus Plan Executed (LCP0210819-002)
The community has implemented the “lock-up & consensus” plan to ensure the interests of honest AIR holders.
August 19, 2021 - August 19, 2022.
6.AIR Liquidity Burn Page:
7.Details of the Lock & Consensus Plan:
7-1. Transfer 10% of your AIR holdings to the “Lock Address (0x9902a57951aCd9115D60534bD6aB7CCcA4D44384)” before 00:00 UTC, August 18, 2021.
At the same time, you should keep the promise that you will never sell the other 90% of your AIR holdings before August 19, 2022.
7-2. If you don’t keep your promise, We will never return the 10% locked AIR and transfer all the AIR to ACDF.
7-3. If you keep your promise, We will return 80% of the locked 10% AIR holdings (total 8%) and transfer the remaining 20% (total 2%) to ACDF.
7-4. The community council promises a 30% annual return ( based on the price when lock-up).
7-5. Holders with a locked position have the right to vote.
7-6. The Community Council will lock the AIR with a smart contract on August 19.