Sahara AI extends token unlock schedule, says it will not consider introducing a burn mechanism
CoinFeed June 24 news, Sahara AI released follow-up plans for the SAHARA token ecosystem development, announcing a 3-month delay for investor unlocks and a 6-month delay for founder, core team, and advisor unlocks to demonstrate long-term commitment. Regarding buybacks, Sahara AI stated that buybacks remain part of the long-term treasury strategy, funded by revenue after product scaling, rather than a one-time response to market fluctuations. Additionally, the SAHARA token is a fixed-supply token with no burn mechanism, and the team does not plan to introduce one. On the product side, Sorin will launch new features such as perpetual trading, strategy backtesting, and Alpha signal monitoring, and the token will expand to more blockchains next week.