Announcement

Update on RAZE Vesting Schedule For ZENDIT Investors

RAZE Vesting Schedule For ZENDIT
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Key Takeaways

Update on RAZE Vesting Schedule For ZENDIT Investors

TL;DR

  • The RAZE community decided to update their vesting schedule
  • All investor and advisor tokens are now fully unlocked
  • To bring the ZENDIT investors on the same vesting schedule, their remaining RAZE tokens will be airdropped to them on Aug 16, 2021
  • ZENDIT users must claim any pending token unlocks from the ZENDIT platform by August 23, 2021, after which these claims will no longer be possible

RAZE ZENDIT Update

The RAZE community has updated their vesting schedule for all investors, which includes the Sherpas that successfully participated in the RAZE ZENDIT IDO.

The original vesting schedule had 9.72% of your tokens claimable every month from the TGE until January 2022. The change in vesting means that all of your RAZE tokens are now unlocked, with the balance being airdropped to your wallet.

Steps to receive your RAZE tokens:

Participants of the ZENDIT IDO will need to claim all tokens available as of August 16, 2021.

The remaining 48.62% of the RAZE tokens will be airdropped on August 16, 2021 to the participating wallets.

Users will have until the end of day on August 23, 2021 to claim their RAZE tokens, after which they will no longer be accessible.

IMPORTANT INFORMATION

This material is intended to be of general interest only and should not be construed as individual investment advice or a recommendation or solicitation to buy, sell or hold any security or to adopt any investment strategy. It does not constitute legal or tax advice. The views expressed are those of the author and the comments, opinions and analyses are rendered as of the publication date and may change without notice. There is no guarantee that any forecasts or predictions made will come to pass. The information provided in this material is not intended as a complete analysis of all material facts or circumstances regarding any country, region or market. All investments involve risks, including possible loss of principal.

Risk management does not imply elimination of risks, and not all investments are suitable for all investors. The information and opinions contained in this material are derived from proprietary and non-proprietary sources deemed by MANTRA to be reliable, are not necessarily all inclusive and are not guaranteed as to accuracy. Data from third party sources has not independently verified, validated or audited. MANTRA accepts no liability whatsoever for any loss arising from use of this information; reliance upon the comments, opinions and analyses in the material is at the sole discretion of the user.

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