Wallet-specific release schedules are already set. These wallet-specific release schedules begin 1 June, with the length then determined by the tranche in which you participated. More info can be found here: The ONDO Token | Flux Finance Docs
If the global token lock was removed today, 100% of purchased ONDO tokens would still be locked/non-transferrable at present.
It is absolutely necessary to speak more specifically about the unlocking of the GLOBAL token, because it is creating distrust among new investors and affecting the possibility of listing the project, which is the best marketing strategy a project can have. Otherwise, new investors come and go without investing in Flux because they cannot currently obtain the token and therefore cannot exercise their right to vote. It is a serious lack of democratization in the ecosystem that the token is not yet available to the public.
Totally agree, we need to transfer our token in new wallet in case of compromised, unlock protocal should be process in this May before the releasing time begin in early this June. If not listing any exchange yet then let us have a pool to staking in meantime. Tks
Unlocking and listing Ondo now will probably result in a lower token price than Coinlist’s ICO.
In several months’ time, not only will the market be in a much better shape, but we’ll also have unlocked a significant portion of the tokens, meaning a profit for those who want to sell.
If your concern is “transferring tokens to a safe wallet”, unlocking them today or in 10 years’ time wouldn’t make any difference, since they can’t be moved anyway.
TLDR, it’s not in anyone’s interest to remove the global lock right now.