PANews reported on February 21 that CoinList announced that it will start the sale of Obol tokens at 1:00 (Beijing time) on February 25, with a 30% discount compared to the previous round of VC investment. Obol is the foundation of the L1 blockchain and decentralized infrastructure network. The sale details are as follows:

For normal users:

• FDV is $125 million
• Token price is $0.25
• 33% will be unlocked 6 months after TGE, and then linearly unlocked over the next 12 months.

For wstETH or weETH holders:

• FDV is $115 million
• Token price is $0.23
• 33% unlocked 6 months after TGE, then unlocked linearly over the next 12 months
• At the same time, users need to hold at least $20 worth of wstETH or weETH on CoinList between 1:00 on March 4 and 1:00 on March 11 to enjoy lower prices and FDV.

Both options have a minimum purchase limit of $100 and a maximum purchase limit of $250,000. After the subscription period ends, users who are not selected for an allocation will receive the funds in their CoinList wallet by 1:00 am on March 13. This public sale is not available in the United States, China, Canada, and certain other jurisdictions.