Distribution to Liquid Patron Buyers
Infinex has now distributed additional Locked Patron NFTs to early supporters who purchased Liquid Patrons during the Patron Sale.
Nov 8, 2024
·Less than 1 min read
These Locked Patrons follow the same vesting schedule as those purchased during the original sale (12-month cliff followed by a 24-month linear unlock).
The Patron Sale, which concluded on October 24, 2024, offered three tiers: Liquid, Linear, and Locked, priced at $5,000, $3,000, and $1,250, respectively. This tiered structure allowed buyers to balance liquidity with cost. Post-sale, the floor price for Liquid Patrons stabilized at around $3,000.
The rationale is straightforward: Liquid Patron buyers paid a premium to access liquidity, and this distribution aligns their cost with the current floor price. By distributing additional Locked Patrons, we offset that premium and reinforce our commitment to transparency and fairness for all sale participants.
Locked Patrons have been distributed directly to eligible Infinex Accounts.
What do I need to do?
If you purchased a Liquid Patron during the Patron Sale, there’s nothing more you need to do. Next time you log in to your Infinex account, you’ll see your new Locked Patrons. A commemorative badge will also be dropping soon.
If you purchased a Liquid Patron during the sale but have not received your bonus Locked Patrons, please contact our Support Team.
For more information on the distribution, view the TRF here: https://proposals.infinex.xyz/trfs/trf-6