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One-week token unlock: SUI unlocks nearly $280 million worth of tokens

One-week token unlock: SUI unlocks nearly $280 million worth of tokens

Odaily2024/12/29 18:01
By: Odaily
ZETA+1.53%OP+1.01%SUI+1.06%

Next week, a total of 10 projects will unlock, and ZETA will unlock nearly 10% of the tokens in circulation.

One-week token unlock: SUI unlocks nearly $280 million worth of tokens image 0

ZetaChain

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

Project website: https://www.zetachain.com/

Number of unlocked tokens this time: 54.91 million

Amount unlocked this time: Approximately 32.54 million US dollars

ZetaChain is a foundational public blockchain that enables full-chain, universal smart contracts and messaging between any blockchain. ZetaChain aims to build a fluid multi-chain crypto ecosystem. These “full-chain” smart contracts can send data and value between connected blockchains, including Bitcoin, Ethereum, Polygon, and more.

ZETA has only unlocked 27% so far and is currently in a period of rapid release. This round of unlocking is for five categories of people, the most important of which are core contributors (26.25 million) (US$15.52 million), consultants (18.67 million) (US$11.04 million), and ecological development funds (5.25 million) (US$3.1 million).

The specific release curve is as follows:

One-week token unlock: SUI unlocks nearly $280 million worth of tokens image 1

Sui

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

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

Number of unlocked tokens this time: 68.33 million

Amount unlocked this time: Approximately US$278 million

Sui is one of the earliest projects in the Meta public chain, developed by the Mysten Labs team. Sui aims to create an environmentally friendly, low-cost, high-throughput, low-latency permissionless blockchain. Compared with traditional blockchains, Suis most critical innovation lies in Suis data model and transaction processing channel.

The current circulation ratio of SUI is 29%. The unlocking objects in this round include 19.84 million pieces (80.94 million US dollars) from Series A financing, 19.32 million pieces (78.83 million US dollars) from Series B financing, 12.63 million pieces (51.52 million US dollars) from community reserves, 10.34 million pieces (42.18 million US dollars) from early contributors, and Mysten Labs treasury (8.44 million US dollars).

The specific release curve is as follows:

One-week token unlock: SUI unlocks nearly $280 million worth of tokens image 2

Optimism

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

Project website: https://app.optimism.io/governance

Number of unlocked tokens this time: 31.34 million

Amount unlocked this time: Approximately 58.61 million US dollars

Optimism is a Layer 2 scaling solution that achieves the goal of scaling the Ethereum network by adopting the Optimistic Rollup solution. It can process transactions on a large scale while maintaining the security of Ethereum. Ethereum developers can efficiently use all tools on Ethereum without making changes.

The current unlocking amount of OP is only 32%, and there are only two unlocking objects, namely core contributors 16.54 million (US$31.1 million) and investors 14.8 million (US$27.82 million).

The specific release curve is as follows:

One-week token unlock: SUI unlocks nearly $280 million worth of tokens image 3

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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