September 15, 2021
Accelerated Early Backer Vesting Update
By Algorand Foundation
September 15th, 2021 - As a result of the recent, significant change in the Algo token price, the 30 day moving average price of the Algo is now $1.35. This is just below the previous “high water mark” 30 day moving average of $1.386. The 30 day moving average may pass $1.386 in the next few days and if it does, Early Backer Accelerated Vesting will restart. This will continue until a new 30 day high water mark has been established and, at that point, vesting acceleration will once again pause.