Business1 source
Kamino links most of CEO’s KMNO vesting to valuation while holders have no foundation revenue claim
Headline from CryptoSlate
Key points
- Kamino has tied a significant portion of its CEO's KMNO token vesting schedule directly to protocol valuation metrics.
- Meanwhile, token holders currently retain no direct claim on foundation revenue.
- The project has also pledged a $20 million growth commitment, which leaves capital distribution split between general foundation earnings and potential future benefits for holders.
Summarized automatically by Kryptokite from reporting by CryptoSlate. Read the original sources for full detail.
Coins mentioned
Sources
- CryptoSlateKamino links most of CEO’s KMNO vesting to valuation while holders have no foundation revenue claim · 2 hours agoRead on CryptoSlate
Story timeline
- Crypto Briefing1 min read
Kamino CEO Michael Weisz lays out the case for the KMNO token
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