One week token unlock: SUI unlocks tokens worth 150 million USD.

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This week, only the ENA unlocking ratio is relatively high, while the unlocking ratios of other tokens are all below 2%, among which the unlocking amount of SUI reaches 150 million dollars.

Weekly Token Unlock: SUI Unlocks $150 Million in Tokens

Ethena

Project Twitter:

Project official website:

Number of tokens unlocked this time: 210 million

This unlock amount: approximately 64.37 million USD

The algorithmic stablecoin USDe launched by Ethena Labs currently relies on collateral such as BTC, stETH, and its inherent yields, while creating short positions in Bitcoin and ETH to balance Delta and utilize perpetual/futures funding rates to maintain its peg and provide returns. In other words, it uses the yields from spot to hedge the losses from a one-time short position to achieve balance, while still being able to earn ETH staking rewards and short funding rates.

The specific release curve is as follows:

Weekly Token Unlock: SUI Unlocks Tokens Worth $150 Million

Mocaverse

Project Twitter:

Official website:

The number of tokens unlocked this time: 44.29 million

The amount unlocked this time: approximately 3.41 million USD

Mocaverse is a metaverse product under Animoca Brands that is building Web3 native tools to enhance the capabilities of products in the gaming, culture, and entertainment verticals, allowing users to create their own digital identities, accumulate reputations, earn and spend loyalty points, and use their digital identities to access the Mocaverse ecosystem supported by over 450 portfolio companies and partner networks of Animoca Brands.

The specific release curve is as follows:

One Week Token Unlock: SUI Unlocks $150 Million Worth of Tokens

Sui

Project Twitter:

Project official website:

The number of tokens unlocked this time: 47.34 million pieces

Unlock amount this time: approximately 150 million USD

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

The specific release curve is as follows:

Weekly Token Unlock: SUI Unlocks Tokens Worth 150 Million Dollars

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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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