Back to collectionA Vote on When Vanguard Tokens Unlock
Background: XAI had lost upward momentum soon after its early-June high, and the wait for the Vanguard genesis airdrop kept lengthening. Today: The price fell below $0.070. Impact and next steps: The debate had been about the distribution date; now it also concerned access to tokens after receipt.
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Background: XAI had lost upward momentum soon after its early-June high, and the wait for the Vanguard genesis airdrop kept lengthening. For Sentry Key holders, the question now extended from when distribution would begin to when the tokens could be used afterward. Those were distinct questions.
Today: The price fell below $0.070. Officials opened a 48-hour vote for Sentry Key holders on whether tokens from the Vanguard genesis airdrop should instead unlock gradually over 30 days. Their stated reason was to ease selling pressure. Some in the group thought a gradual release might prevent concentrated sales; others asked why holders should bear a longer wait for the market's sake. The Night Watchman read the proposal carefully and did not treat the start of voting as approval of the plan.
Impact and next steps: The debate had been about the distribution date; now it also concerned access to tokens after receipt. Key holders had limited time to choose, while those without keys could only watch the discussion take shape. Whether the proposal would pass, when the airdrop would begin, and how any unlocking plan would be carried out were still unanswered.