UXLINK released details of the community voting proposal: the proposed early unlocking ratio of tokens is 8%-12%, and investor tokens will not be unlocked early

ChainCatcher news, UXLINK has announced the details of the Phase 2 Swap & Compensation Plan community voting proposal on the X platform. The main points include that UXLINK plans to unlock 8%-12% of the tokens in advance, while community, treasury, and team tokens will be unlocked according to the white paper ratio. Investor tokens will not be unlocked early and will still follow the original vesting schedule. All unlocked tokens will be deposited into a dedicated multi-signature wallet for redemption and compensation. However, the 8%-12% is an estimated ratio, and the final amount will depend on coordination with exchanges and on-chain data; recovered funds (from exchanges) and disposable team and treasury shares will be used to compensate affected users. The proposed method is to buy back UXLINK tokens and allocate them to the compensation plan.

The Snapshot governance page shows that the proposal ends on October 9, with the current voting approval rate at 99.99%.