Update on Early Backer Accelerated Vesting

April 7th, 2021: [UPDATED] The 30 day moving average price of the Algo passed $1.21 on April 6th 2021. This was in excess of the previous “high water mark” 30 day average of $1.202 and, as a result, Early Backer Accelerated Vesting has restarted. This will continue until a new 30 day high water mark has been established and, at the point, vesting acceleration will once again pause.

For more information, please read https://algorand.foundation/news/algorand-foundation-early-backer which describes this process in more detail. Greater detail on the vesting will be supplied in the next Algorand Foundation Transparency Report, which is scheduled for release in the coming weeks.   

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