YFDAI Transparency Report for April 2021
The 7th monthly unlock from the time-release smart contracts has been completed, please find below confirmation of completed transfers.
Team Tokens — Maximum Monthly Allocation 105 Tokens
As you are aware YFDAI did not carry out a presale and funding of the project has been paid directly from the team. The team tokens are in place to pay for core team members salaries.
This month 60.32% of the team tokens available will be used to cover the salaries of the team. The Team plan to hold these tokens however any tokens sold will be made whilst respecting the order-book with a maximum amount of $1,000 of tokens to be sold per day per team member.