Next week, 15 projects will usher in token unlocking events. There are a large number of high-ratio unlocked tokens this week, among which the higher amounts include ARB, STRK, AXS, IMX, etc.
The specific unlocking details are as follows:
Arbitrum
Project Twitter:https://twitter.com/arbitrum
Project official website:https://arbitrum.io/
Number of unlocked coins this time: 99.68 million
Amount unlocked this time: approximately US$116 million
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 is only open to teams and investors, in which the team will allocate 56.13 million ARBs, worth approximately $79.7 million, and investors will unlock 36.52 million tokens, worth approximately $51.8 million. It will be released at a similar pace in the future.
The specific release curve is as follows:
Starknet
Project Twitter:https://twitter.com/Starknet
Project official website:https://starknet.io/
Quantity unlocked this time: 64 million
Amount unlocked this time: approximately US$94.72 million
Starknet is Layer 2 of Ethereum, using zk-STARKs technology to make Ethereum transactions faster and with lower fees. StarekNets parent company, StarkWare, was founded in 2018 and is headquartered in Israel. The main products it develops are Starknet and StarkEx. By using STARK, Starknet verifies transactions and computations without requiring all network nodes to verify every operation. This significantly reduces the computational burden and increases the throughput of blockchain networks.
This unlock is the first unlock since the token was launched, with 33.57 million tokens unlocked for early contributors and 30.43 million tokens unlocked for investors, worth US$61.43 million and US$55.69 million respectively.
The specific release curve is as follows:
Axie Infinity
Project Twitter:https://twitter.com/axieinfinity
Project official website:https://axieinfinity.com/
Quantity unlocked this time: 10.87 million
Amount unlocked this time: approximately US$86.3 million
Axie Infinity is a card game developed by Sky Mavis that allows players to breed, raise, fight, and trade Axie creatures. Players can earn two tokens by using Axie Infinity in Adventure or Arena modes, namely AXS and SLP. AXS serves as a governance token, allowing token holders to vote on the future development of the game. SLP is the token used in the game to breed Axies.
The unlocked amount of AXS accounts for 74% of the total. This unlock is mainly 6.08 million for teams, worth US$58.15 million. There are also unlockable rewards, a total of 3.1 million coins worth $29.63 million, and 1.69 million coins for the fund, worth $16.13 million.
The specific release curve is as follows:
Immutable X
Project Twitter:https://twitter.com/Immutable
Project official website:https://imx.community/
Number of unlocked coins this time: 34.19 million
Amount unlocked this time: approximately US$74.54 million
Immutable X is an NFT Layer 2 scaling solution on Ethereum. Leveraging zk-rollup technology, Immutable X aims to solve the high gas fees and scalability issues when minting and trading NFTs. Features instant transaction confirmation, extremely low gas fees, and high scalability.
The unlocked amount of IMX accounts for 72% of the total. It is currently a regular unlocking period. The unlocking is for three types of objects, namely 15.91 million for ecological development (fund), 9.62 million for project development, and 8.66 million for private placement, with respective values $40.74 million, $24.62 million and $22.17 million.
The specific release curve is as follows:
