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Sherwood: The team tokens have been locked, and the original lock-up period has been extended.

2026-07-18 17:47:54

Golden Finance reported that on July 18, Robinhood’s asset management capital layer Sherwood posted on X that it had locked the team tokens. The team allocation accounts for 15% of the total supply. The original plan was a 6-month cliff unlock plus 1 year of linear release; now it has been changed to a 1-year cliff unlock plus 2 years of linear release. Because Robinhood Chain does not yet have a mature token locking platform, the team developed its own locking contract and completed manual locking.

HOOD-5.50%

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