The Acurast token sale on Coinlist ended on May 22nd and was significantly oversubscribed. It raised $5.4M, making up 6% of the ACU token supply at the price of 9 cents. The token generation event is scheduled for Q3 2025.
In Big Spender referendum 1587 Snowfork is requesting a $5M USD equivalent in vested payments for completed milestones and 12 months of operational costs of Snowbridge. The payments allocated to operational costs and team incentives ($3.75M) will be held in the Insurance and Bug Bounty Coverage wallet, vested over 12 months. Funds may be diverted to reward identifiers of vulnerabilities, or compensate victims of a bridge exploit.
