Token Unlock of the Week: MAV and IO See a Large Amount of Unlocking

CN
1 year ago

Next week, 16 projects will experience token unlocking events. Among them, MAV and IO will have a large amount of tokens unlocked, while the unlocking amount for the remaining projects is not significant.

The specific unlocking details are as follows:

Weekly Token Unlocking: MAV and IO Face Large Unlocking

Maverick

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

Project Website: https://www.mav.xyz/

Amount of unlocking this time: 39.85 million tokens

Amount of unlocking this time: approximately $10.48 million

Maverick is a composable decentralized financial infrastructure that enables builders and liquidity providers to achieve high capital efficiency and execute the liquidity provision (LP) strategies they need. MAV is the native utility token of the Maverick protocol, used for governance and voting.

The current unlocking amount of MAV accounts for 16% of the total supply, entering the high-speed unlocking period. In this round of unlocking, 30 million tokens worth $8.24 million will be unlocked for investors, and 6.4 million tokens worth $1.76 million will be unlocked for advisors.

The specific release curve is as follows:

Weekly Token Unlocking: MAV and IO Face Large Unlocking

io.net

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

Project Website: https://io.net/

Amount of unlocking this time: 8.27 million tokens

Amount of unlocking this time: approximately $27.20 million

io.net is a decentralized artificial intelligence computing and cloud platform. By aggregating GPU supply from underutilized resources, io.net has created a network that allows machine learning (ML) startups to access nearly massive computing power at a fraction of traditional cloud costs.

This round of unlocking is IO's first Cliff unlocking, all of which is released to the community. The Cliff portion is 7.5 million tokens worth $27.23 million, combined with the linear unlocking portion for a total of $27.20 million.

The specific release curve is as follows:

Weekly Token Unlocking: MAV and IO Face Large Unlocking

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