SecondSwap has announced its partnership with TokenTable aimed at activating liquidity for billions in locked tokens, significantly expanding their trading potential.
Significance of Locked Tokens
The locked token market is valued significantly, estimated between $1.5 to $2.5 trillion. These tokens are typically held within allocations for early investors, token foundations, and other participants with vesting conditions. Timed restrictions on these tokens help maintain price stability and ensure strategic alignment between token issuers and their stakeholders.
TokenTable's Strength in Token Management
TokenTable, working with over 200 Web3 projects, has facilitated the distribution of over $2 billion in tokens to 40 million unique addresses. With its experience in token management and extensive locked inventory, TokenTable collaborates with SecondSwap to activate trading of locked tokens.
Integration Process and Benefits
The partnership will allow integration of TokenTable's locked inventory into SecondSwap for secondary trading using their proprietary Smart Vesting Adapter Solution. Each trade will be issuer-approved and transparent, ensuring stability for sellers and accessibility for buyers.
The SecondSwap and TokenTable partnership aims to facilitate access to a trading system for locked tokens, which could significantly change the market and create new opportunities for investors.
