edgeX to lock up 14% of EDGE supply for one year amid airdrop controversy
April 01, 2026, 3:00 AM
Decentralized derivatives exchange edgeX has decided to lock up 140 million EDGE tokens, representing 14% of the total supply, for one year following allegations of unfair airdrop distribution. The tokens were sent to a small number of whale wallets, drawing strong criticism from the community. In response, the foundation explained that the allocation was the rightful share for partners who provided large-scale initial liquidity. To quell the controversy, these partners have agreed to the one-year lock-up, and the tokens will be managed transparently through a smart contract that has completed a security audit.
Log in to leave comments!
Share insights, connect ideas
Log In