Pancakelock Token’s Vesting Update

The Pancakelock team and members of the community have noticed the poor performance of some recently launched IDO’s in the market. Subject to this poor performance and due to the requirements most of the launchpads we approached have included in their listing criteria, the Pancakelock team has chosen to extend the private investors vesting period and team lockup. This will not only give us a chance to get listed but it's also going to create price stability and stronger community engagement.

Here is what you need to know about the updated vesting schedule!

Private Sale Token’s Vesting Schedule

• 60% of the PLOCK tokens offered during the Private round tokens unlock at the listing, the remaining 40% will be locked on Unicrypt and distributed after 30 days.

Public Sale

• 100% of the PLOCK tokens offered during the IDO will be unlocked at the listing.

Team

• The team tokens have a year vesting period with 6 months vesting cliff.

We are deeply sorry for the IDO delay and assure you that this was done for the benefit of our contributors and supporters.

Regards,
Pancakelock Team.