PLO Phase 1: EQ & DOT transfers are in progress
This article outlines the distribution process of EQ tokens and DOT withdrawals after the end of Equilibrium’s PLO Phase 1. There are several key features of the distribution mechanics users should be aware of.
The 24-month lease period wins
Firstly, as you may have seen on our website, the majority of users (allocation-wise) have selected a 24-month lockup period. Effectively, the 24-month period has won and Equilibrium will lock DOT tokens in the Polkadot’s crowdloan module for 2 years.