Entangle Adjusts NGL Unlocking Program with Early Unlocking Option for Private Investors and KOL

On September 26th, cross-chain interoperability project Entangle announced a major change to the unlocking program for its token NGL. Under the new program, private investors have the option to unlock all remaining tokens early on October 1, subject to a discount of 37.5%. KOLs also have the option to unlock the full amount, but at a discount of 47.5%. The team token allocation remains unchanged, but a 30% destruction has been completed and the unlock period has been extended from 6 months to 12 months and the total vesting period to 30 months. Deducted tokens will be deposited into smart contracts to be used for marketing, grants and program expenses.