The founding team allocation at crowdsale in 2018 was 20%. This was vested over five years. Three years of vested tokens have been released, in February 2018, February 2019 and February 2020.
The remaining allocation – 8% – has been swapped to $XE and a new vesting schedule has been put in place. This schedule runs over five years, releasing at 20% per year, meaning that a maximum of 1.6% of supply will be made available to the founding team per year.
The three original founders of Edge hold the largest portion of this distribution:
| Founder | Distribution | $XE Wallet Address |
|---|---|---|
| Joseph Denne | 2.15% | xe_bd2eCe14ab26981fa0e31810B1bF652E6F3E5F00 |
| Chris Mair | 2.15% | xe_eFa438d1F823AC02Ff334629976A2f698587AE54 |
| Will Lebens | 2.15% | xe_ac63C4eF0dBaa586274c183d3d54b824cee002fC |
| Others | 1.54% | xe_ed9e4D24E1EC4e1745AC21c9Dff9519b67B72348 |
The $XE wallet addresses used for vesting have been broken out and are published above inline with Edge's commitment to transparency.