One-week token unlocking preview: ARB unlocks approximately $2.39 billion worth of tokens

南枳

Odaily资深作者

2024-03-10 02:00

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ARB will unlock approximately $2.39 billion worth of tokens, with APT and CYBER unlocking more than 6%.

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ARB will unlock approximately $2.39 billion worth of tokens, with APT and CYBER unlocking more than 6%.

Next week, 8 projects will usher in token unlocking events. ARB will unlock about 2.39 billion US dollars in tokens. In addition, APT, CYBER, and APE will have a high proportion of unlocked tokens, and the remaining projects will have smaller unlock proportions and amounts.

The specific unlocking details are as follows:

Arbitrum

Project Twitter:https://twitter.com/arbitrum

Project official website:https://arbitrum.io/

Number of coins unlocked this time: 1.11 billion

Amount unlocked this time: approximately US$2.39 billion

Arbitrum is an Ethereum rollup designed to improve Ethereum’s scalability by aggregating and processing off-chain transactions before submitting individual transactions to the Ethereum mainnet. This means users can enjoy faster, cheaper transactions while still benefiting from the security and decentralization of the Ethereum network. Arbitrum’s native token is ARB. ARB holders can participate in the decision-making process, such as proposing and voting on protocol upgrades or changes.

This round of unlocking will be aimed at two types of objects, namely 673.5 million coins for teams and consultants, worth approximately US$1.45 billion, and 438 million coins for investors, worth approximately US$942 million.

The specific release curve is as follows:

Aptos

Project Twitter:https://twitter.com/Aptos_Network

Project official website:https://aptosfoundation.org/

Number of unlocked coins this time: 24.81 million

Amount unlocked this time: approximately US$336 million

Aptos is a Layer 1 public chain project whose goal is to build a scalable, secure, trustworthy and upgradeable smart contract platform. The Aptos team was spun out from former Meta members. APT is the native token of the Aptos main chain and is used to pay transaction fees, verify mortgages and govern.

This unlocking is mainly for core contributors and investors. 11.88 million APT, worth approximately US$157 million, will be allocated to the former, and 8.42 million APT, worth US$111 million, will be allocated to investors. The remainder is 3.21 million from the community and 1.33 million from the foundation. APT has initially entered a period of expansion and acceleration, and there will continue to be unlocks of similar magnitude this year.

The specific release curve is as follows:

CyberConnect

Project Twitter:https://twitter.com/CyberConnectHQ

Project official website:https://cyberconnect.me/

Quantity unlocked this time: 880,000

Amount unlocked this time: US$10.61 million

CyberConnect is a decentralized social graph protocol based on blockchain technology. CyberConnect builds a unified social graph. Users can migrate their identity information, social relationships, etc. to different networks and platforms. At the same time, these personal data are completely owned by the users, thereby creating value for users. The governance token of the CyberConnect protocol is CYBER, and use cases include voting for governance, paying gas fees, etc.

This release is mainly for the ecological development fund, with a release amount of US$8.21 million, and the rest is US$1.85 million for community treasury. CyberConnect will maintain the same release rate for unlocking this year. Since the current proportion of circulating tokens is only 20%, it may bring continuous selling pressure.

The specific release curve is as follows:

ApeCoin

ApeCoin (APE) is the ERC-20 utility and governance token of the APE ecosystem, used to support the construction of the decentralized APE community.

APE is managed by the ApeCoin DAO and supported by the APE Foundation. With APE, token holders can vote on governance proposals in the DAO and access exclusive features of the APE ecosystem such as games, events, and services.

Project Twitter:https://twitter.com/apecoin

Project official website:https://apecoin.com/

Quantity unlocked this time: 15.6 million

Amount unlocked this time: US$34.63 million

This round of release targets a wide range of objects, including founders, contributors, charitable contributions, treasury, etc., in total 6 categories of objects. The current unlocked amount of Aptos accounts for 62.05% of the total amount, and it will continue to be released at a similar rate this year, causing a small amount of selling pressure.

The specific release curve is as follows: