AIP002: Aligning with Industry Standards: LOKA’s Circulating Supply Update & Re-Lock

In the past quarter, Binance and CoinMarketCap made updates to their token information methodology. As per the initiative, Arena-Z is taking action to not only meet the new industry standards, but to improve on-chain verifiability of all locked, unlocked and reserved tokens.

“Binance Updates Token Information Methodology”, Feb 14, 2025 “CoinMarketCap Adds New Metrics to Empower User Decisions”, Dec 23, 2024

Additionally, to reinforce long-term growth and safeguard market stability, we will re-lock all minted Staking token pools under a new vesting schedule.

Please note that there is no change made to the existing unlock schedule as stated in the whitepaper (League of Kingdoms Whitepaper 2021). Also, no user action is required.

<Why this update?> ✅ To adopt updated industry standards Until now, unlocked but reserved tokens were excluded from circulating supply figures. Recently, Binance and CoinMarketCap revised their methodology to include all unlocked tokens. We’re aligning with this standard to maintain clarity and consistency across platforms. ✅ To synchronize circulating supply data with the whitepaper schedule Moving forward, what users see when they search $LOKA or $A2Z on CoinMarketCap and CoinGecko will accurately reflect the official unlock schedule, bringing visible data in line with real on-chain emissions. ✅ To ensure full on-chain transparency With this update, all tokens, locked, unlocked (released or reserved), will be fully trackable on-chain. This eliminates any uncertainty around token unlocks and reinforces our long-term commitment to transparency.

<What will happen?> 1️⃣ All remaining $LOKA tokens (Max Supply: 500M) will be minted at once. 2️⃣ 130.2M $LOKA will remain locked under the existing schedule. 3️⃣ Unlocked, yet unreleased tokens will be stored in designated multi-sig wallets. 4️⃣ All tokens minted and unlocked for Staking rewards will be re-locked.

At the moment, 192,226,741 $LOKA are publicly accessible and represent 38.44% of circulating supply - any locked or unlocked, yet reserved tokens have been excluded. To accurately sync the number with the whitepaper, all remaining $LOKA tokens that can ever exist (Max Supply: 500,000,000 $LOKA) will be minted at once. 130,233,010 $LOKA will then be locked under the TRS (Token Release Schedule) stated in the whitepaper, while the rest will be sent to their respective multi-signature wallets for storage. By the new definition, all unlocked tokens, 369,766,989 $LOKA, will count towards circulating supply.

Please note that the number of locked tokens may vary depending on the actual timing of the operation. The current calculation is based on the last week of March, the period between the 166th and 167th scheduled weekly unlocks

Token Breakdown -63,846,153.85 $LOKA (12.77% of total supply): Will be re-locked and vested weekly until January 7, 2027. -36,153,846.15 $LOKA: Will continue vesting according to the original Token Release Schedule (TRS) outlined in the whitepaper. -Total of 100,000,000 $LOKA allocated for Staking will fully vest by January 7, 2027.

<What will be updated?> As an immediate result, the total supply of $LOKA will now match the max supply: 500,000,000 $LOKA. Also, $LOKA’s circulating supply figures will increase from 38.44% to 73.95%. Following the update, the token data on Coinmarketcap and Coingecko will always reflect the whitepaper TRS going forward. The newly unlocked tokens under this initiative will stay illiquid until otherwise shared with the community.

Please note that this operation does not require any community action. Each token movement will be traceable on-chain, and wallet addresses to each allocation can be found here:

<Does this mean more tokens in the market?> No. This is an operational update and does not indicate a token release. The number of tokens in public hands remains unchanged (i.e. no dilution is being made to existing tokens)

<Locked contracts & multi-signature wallets addresses> In full transparency, the addresses of five new contracts and five new multi-signature wallets are below: Locked [GAME ISSUANCE]: 0xca31aac5146b2e152b556a47732f4ab0ed71733e Unlocked [GAME ISSUANCE]: 0x7820a0Df2291C1cd1004F7699574bcFF202AE74E Locked [LAND ISSUANCE]: 0x72e7db7a5b5379def70dc32e6959338155fd2aa1 Unlocked [LAND ISSUANCE]: 0xD7417168737841C8Ab77Aa2c88A331f9EFDebcAc Locked [ECOSYSTEM + STAKING]: 0xc34ffe3a86b61443490f2548187001f3661fc172 Unlocked [ECOSYSTEM + STAKING]: 0x0C7CAFA11686831e5CdFFfe8D3bd6484252503e2 Locked [ADVISORS]: 0x1320fad4bfc3977479e10591136e07684cfdbce1 Unlocked [ADVISORS]: 0xD16B623fa9E1e96DeEf93AF14abB309a3B9Af5f4 Locked [RESERVE]: 0x6414f862bbac0957b1d7907ae672303af0864332 Unlocked [RESERVE]: 0xBC51d8d1bBed61C7d5Ce294967a9F314DA0c1cEb Users will be able to track each token allocation, including the number of tokens unlocked and the portion of those that have been released.