An Update on v6ABR

Following the release of the claiming interface for vABR tokens, we would like to issue an update about the status of the v6ABR tokens.

v6ABR explainer

v6ABR from the APYSwap airdrop will begin unlocking on March 31. These tokens are vested for 24 months. At the time of writing this article, APYS holders claimed 1,778,968 tokens. Using this link, you can track the total number of tokens left on the contract.

5,000,000 (the total number of ABR allocated to the airdrop) — 3,221,932 (remaining number of ABR on the contract) = 1,778,968 ABR vested over the period of 24 months. From this, we can estimate that a total of 1,778,968 / 2474,124 tokens will be unlocked every month.

With ten days remaining until the end of the claiming period, we can further approximate this number to be roughly 75,000 per month. We would also like to remind you that non-claimed tokens from the airdrop will be burnt and eliminated from ABR’s total supply.

Once the deadline runs and the tokens are burnt, we will issue an update on the exact number of the total supply.

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Allbridge’s mission is to make the blockchain world borderless by providing a tool to freely move assets between various blockchains.

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