Thank you for giving me this first-of-its-kind exclusive opportunity🤣 400m valuation last round valuation - undisclosed 50% - 1 year cliff 50% - linearly over 1 year thereafter
vanxyrus 🌊
vanxyrus 🌊22.7.2025
If I'm understanding this correctly, this means with pledging into @EspressoSys, your $ESP will be cliff vested for 1 year. After 1 year 50% of your $ESP will be unlocked, with the other 50% released linearly over a year thereafter. Now that's a very long vesting period lol I think majority of retail wouldn't want to take part because the risk is just too high. Idk man, I'll probably pledge in a tiny amount to "clock" my attendance and that's about it.
2,9K