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Candles follows a vesting schedule with allocations to the Liquidity Pool, Validator + Miner Rewards and Subnet Owner. Most allocations are released through a mechanism. The full unlock schedule extends into 2031.
When is the next Candles unlock?
Candles is fully unlocked.
How much Candles supply is currently unlocked?
As of today, approximately 800,690 Candles which is 3.81% of Candles's total supply has been unlocked. The remaining tokens are will be released according to the release mechanism.
Is Candles vesting cliff or linear?
Candles uses linear vesting, especially for Liquidity Pool allocations. This means tokens are released in equal amounts over time, reducing sudden supply shocks.
What is the difference between Candles circulating and total supply?
The circulating supply of Candles is 800,690 tokens and the total supply is 21,000,000 tokens. The total supply is the max amount of tokens to ever be in circulation, including those that are still locked.
What is Candles's FDV (Fully Diluted Valuation)?
Candles’s FDV is $32,970,000 which reflects the market value if all 21,000,000 tokens were unlocked. This figure helps estimate long-term dilution risks.
How is Candles allocated across stakeholders?
The Candles allocation includes Liquidity Pool at 50.00%, Validator + Miner Rewards at 41.00% and Subnet Owner at 9.00%.
Has Candles price dropped after past unlocks?
Historically, Candles has shown high volatility 7 days after the past unlock. The price impact depends on who receives the unlocked tokens and market conditions.
How can I track upcoming Candles unlocks?
Tokenomist provides an up-to-date vesting chart and unlocks monitor that shows upcoming unlocks for Candles, with visibility for each allocation and amount.