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Sweat Economy DAO votes to repurpose $10M of idle tokens

Published 06/15/2023, 09:57 AM
Updated 06/15/2023, 11:40 AM

Move-to-earn platform Sweat Economy is set to repurpose over 2 billion native $SWEAT tokens that were locked up in inactive user wallets.

The tokens, valued at around $10 billion, were locked up in dormant user accounts following a token airdrop event in Sep. 2022. According to the platform, Sweatcoin users that opted into the Web3 move-to-earn’s crypto offering received $SWEAT tokens that were locked up in a 24-month lock-up contract.

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