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One-week token unlock: Only 5 tokens will be unlocked next week

One-week token unlock: Only 5 tokens will be unlocked next week

Odaily2024/10/20 02:51
By: Odaily
EIGEN+6.50%YGG+0.62%ETH+0.03%

Next week, only 5 projects will have token unlocking events, and only YGG will have a significant unlocking.

One-week token unlock: Only 5 tokens will be unlocked next week image 0

YGG

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

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

Number of unlocked tokens this time: 14.08 million

Amount unlocked this time: Approximately US$7.64 million

Yield Guild Games (YGG) is a decentralized autonomous organization (DAO) for investing in NFTs based on virtual worlds and blockchain games.

YGG continues to carry out regular Cliff unlocking, and the circulation ratio has risen to 70%. The unlocking is 5.32 million for the community (US$2.94 million), 4.17 million for the founders (US$2.3 million), 2.31 million for the treasury (US$1.28 million), and 2.28 million for investors (US$1.26 million).

The specific release curve is as follows:

One-week token unlock: Only 5 tokens will be unlocked next week image 1

EigenLayer

Project Twitter: https://x.com/eigenlayer

Project website: https://www.eigenlayer.xyz/

Number of unlocked tokens this time: 1.29 million

Amount unlocked this time: Approximately 4.66 million US dollars

EigenLayer is a protocol built on top of Ethereum that introduces the concept of re-staking, a new primitive in cryptoeconomic security. This primitive allows for re-staking of ETH on the consensus layer. Users who stake ETH can opt-in to the EigenLayer smart contract to re-stake their ETH and extend cryptoeconomic security to other applications on the network.

All tokens unlocked in this round are “future community incentives”, totaling 1.29 million tokens, worth US$4.66 million.

The specific release curve is as follows:

One-week token unlock: Only 5 tokens will be unlocked next week image 2

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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