Organize - Odaily

Editor - Loopy Lu

Next week, 5 projects will usher in token unlocking events. Including CYBER, FLOW, 1INCH, APE, ROSE.

Both APE and ROSE will usher in large-scale unlockings of tens of millions of dollars. Although the unlocked amount of CYBER is still not in the millions of dollars, the unlocked scale is relatively large, accounting for more than 10% of the circulating supply. Three large-amount unlocking projects deserve the attention of investors.

The specific unlocking details are as follows:

CyberConnect

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

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

Quantity unlocked this time: 1.26 million

Amount unlocked this time: (approximately) 8.56 million US dollars

CyberConnect is a multi-chain decentralized social graph protocol currently deployed on the Ethereum mainnet, Polygon, Solana and BNB Chain. The protocol aims to create opportunities for developers to create social applications and a platform where users can have their own digital identity, content, connections and tokenized channels.

CYBER is a very “young” token. On August 15, the project was launched on Binance Launchpool. Since its launch, CYBER has been surrounded by controversy and has been dubbed the demon coin. CYBER once hit a maximum price of $36 on South Koreas CEX, a premium of up to 120% compared to other mainstream trading platforms. Subsequently, the Oolong Finger governance proposal was passed at lightning speed of 12 hours - unlocking a super-circulating number of tokens. At one time, the leading market maker DWF appeared.

At present, CYBER is still a low-circulation token, with 86% of the total tokens currently locked, waiting to be released in the future.

CYBER token economics shows that the total number of CYBER is 100 million, of which 9% is used for community rewards, 34% is used for ecological development, 25.12% is allocated to private investors, 15% is allocated to teams and consultants, and 10.88% is included in community finance. library. The CoinList Public Sale and Binance Launchpool will allocate 3% of tokens each.

The number of tokens unlocked this time accounts for approximately 11.43% of the circulating supply, and the amount unlocked is huge. This unlocking amount is enough to have an impact on the circulating tokens.

But a more special situation is that the few previous unlocks of CYBER were all of the same scale as this one. CYBER is a token with a huge unlocking scale. Previously, the number of tokens unlocked each time exceeded 10% of the circulating supply. Investors can get reference from historical data.

This week, the unlocking of more than 1.26 million CYBER tokens will have what impact on the market?

ApeCoin

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

Official Twitter:https://instagram.com/apecoindao

Quantity unlocked this time: 15.6 million

Amount unlocked this time: (approximately) US$22.93 million

The BAYC project has just recently become controversial due to the recent laser accident controversy.

ApeCoin (APE) is the governance and utility token of the APE ecosystem, with a total supply of 1 billion coins. The project is controlled and established by the community, and the ApeCoin DAO is its governance organization, allowing all APE holders to vote on governance decisions. In addition to DAO, Yuga also established the APE Foundation as the legal supervisor of DAO. The Foundation Board of Directors consists of 5 members. When this token was initially issued, a large number of APE tokens were airdropped to BAYC holders.

Judging from the unlocking history, APE has experienced the three largest token unlocks in history. The number of unlocks has now stabilized.

Despite this, if we compare other projects horizontally, the unlocking scale exceeding 4.2% of the circulating supply is still a large unlocking worthy of attention.

Currently, approximately 44% of APE tokens are still locked, awaiting future unlocking.

Oasis Network

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

Official Twitter:https://twitter.com/OasisProtocol

Quantity unlocked this time: 196 million

Amount unlocked this time: (approximately) US$14.87 million

The Oasis Network is a Layer 1 network that provides users with private computing and is EVM compatible. Users have the right to decide the use of their own private data and can earn profits from the data. The Oasis Network separates consensus and calculation into a consensus layer and a computing layer, allowing the Oasis Network to support computationally intensive use cases, such as machine learning and deep learning, while ensuring the scalability and privacy of the main chain. It has broad application prospects in the future.

As a testament to the underlying Layer 1 protocol, multiple parallel execution environments (ParaTimes) are allowed to submit transactions to the network simultaneously, which improves the scalability of the network and the adaptability of the network to meet a wide range of needs.

ROSE token economics shows that the tokens unlocked this time come from the foundation, core contributors, communities, partners reserves.

About 25 million of the ROSE tokens unlocked this time are tokens owned by the foundation. Partners Reserves receive 12.5 million tokens vested.

The largest ones are core contributors, who can receive 140 million ROSE, equivalent to approximately US$10.62 million.

Most of the tokens unlocked this time belong to core contributors. This number is quite impressive. If all are sold, it may bring greater selling pressure.