Weekly Token Unlocks: CARDS Unlocks Over $10 Million in Tokens
- Key Takeaways: Four crypto projects will see token unlocks this week, with a combined unlock value of approximately $41.68 million, spanning sectors including synthetic assets, RWA NFTs, DeFi liquidity, and restaking.
- Key Elements:
- Falcon Finance unlocks 76.84 million tokens, worth approximately $10.22 million. It positions itself as universal collateral infrastructure for minting synthetic assets and generating yield.
- Collector Crypt (CARDS) unlocks 59.62 million tokens, worth approximately $10.91 million. It is an NFT trading card platform integrated with RWA, where physical cards are PSA-verified and brought on-chain to Solana.
- Kamino unlocks 230 million tokens, worth approximately $10.64 million. It is a CLMM-based automated liquidity solution incubated by Hubble Protocol.
- EigenLayer unlocks 36.3 million tokens, worth approximately $9.91 million. It introduces the restaking primitive, allowing ETH stakers to extend crypto-economic security to other applications.
- The four projects cover four major sectors — synthetic assets, RWA, DeFi market making, and restaking — with a total unlock value of approximately $41.68 million.
Falcon Finance
Project Twitter: https://x.com/falconfinance
Project Website: https://falcon.finance/
Unlock Amount: 76.84 million tokens
Unlock Value: Approximately $10.22 million
Falcon Finance is a decentralized protocol designed to serve as universal collateral infrastructure for minting synthetic assets and generating yield.
The specific release curve is as follows:
CARDS
Project Website: https://collectorcrypt.com/
Unlock Amount: 59.62 million tokens
Unlock Value: Approximately $10.91 million
Collector Crypt is an NFT trading platform that integrates RWA (Real World Assets). The Collector team sources physical trading cards from around the world (via platforms like eBay) and sends them to the renowned card authentication agency PSA for verification. The physical items are stored in Collector's vault and minted on-chain as NFTs on Solana. When an NFT is traded, the new holder can choose to hold it, resell it, or redeem the physical card from Collector using the NFT. The physical card will then be shipped to the holder.
The specific release curve is as follows:
Kamino
Project Twitter: https://x.com/kamino
Project Website: https://kamino.finance/
Unlock Amount: 230 million tokens
Unlock Value: Approximately $10.64 million
Kamino is an automated liquidity solution built on the Concentrated Liquidity Market Maker (CLMM) mechanism. Liquidity providers (LPs) seeking to improve capital efficiency can leverage Kamino's automated market-making vaults to enhance expected yields on fees and returns. Kamino was incubated by Hubble Protocol.
The specific release curve is as follows:
EigenLayer
Project Twitter: https://x.com/eigenlayer
Project Website: https://www.eigenlayer.xyz/
Unlock Amount: 36.3 million tokens
Unlock Value: Approximately $9.91 million
EigenLayer is a protocol built on top of Ethereum that introduces the concept of restaking, a new primitive in crypto-economic security. This primitive allows ETH to be restaked on the consensus layer. Users who stake ETH can opt into EigenLayer smart contracts to restake their ETH and extend crypto-economic security to other applications on the network.
The specific release curve is as follows:
