Fasttoken (FTN) 20MM Token Unlock
SEP
18
Event date
Thursday 18 September 2025, UTC
Event description
This unlock targets the founders' allocation, releasing 20 million tokens as per the monthly vesting schedule after a 24-month cliff. The purpose is to gradually introduce supply into circulation, supporting long-term alignment between team incentives and ecosystem growth. Its significance lies in maintaining transparency and predictable token economics for FTN, the native currency of the EVM-compatible Bahamut blockchain. The expected impact includes possible short-term price fluctuations due to increased supply, but it could also enhance liquidity, attract more staking participants, and bolster network activity in gaming, e-commerce, and DeFi applications.
Recent News
In the past three months, Fasttoken has advanced its ecosystem. In July 2025, Fastex introduced the world's first physical collectible notes backed 1:1 by FTN, blending tangible assets with digital utility. Earlier, FTN was listed on Cryptal, expanding accessibility in key markets. These steps follow a strong period of integrations, including over 10 payment providers, reinforcing FTN's role in real-world applications.
Future Plans
Fasttoken's roadmap prioritizes scaling the Bahamut network, with focuses on enhancing Proof of Stake and Activity consensus to reward active validators. Upcoming goals include deeper DeFi integrations, expanded staking options, and broader adoption in Web3 sectors like metaverses and NFTs. The project aims to grow its user base beyond 6.85 million holders and increase validator participation, targeting sustainable ecosystem expansion.
Onchain Data
Bahamut boasts over 67 million transactions and 4,100 validators, with around 40 million FTN locked in staking contracts. Circulating supply stands at approximately 436 million tokens, with daily trading volumes exceeding 15 million dollars. Wallet activity reflects steady growth, though specific metrics for September's unlock are unavailable—monitor platforms like CoinMarketCap for real-time shifts.
Community Sentiment
Discussions highlight optimism around FTN's steady performance and ecosystem integrations, with users noting its utility in gaming and payments. Some express caution over unlock-related supply increases, but influencers emphasize long-term potential amid positive market trends. The overall vibe remains supportive, focusing on growth opportunities.
Additional Insights
This unlock aligns with the rising interest in utility-driven tokens, where FTN competes with platforms like BNB by emphasizing activity-based rewards. Holders benefit from staking yields and cross-chain functionality, though unlocks may introduce selling pressure. A brief note on risks: such events can lead to volatility, so review your positions thoughtfully.
Stay informed as FTN evolves in the crypto space!
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