Token unlocks this week: 7 projects unlocking tokens worth $150 million.

CN
9 hours ago

Next week, only 7 projects will experience token unlock events, among which APE and ROSE have relatively high unlock amounts, while AVAX has a relatively high total value.

Weekly Token Unlocks: 7 Projects Unlock Tokens Worth $150 Million

ApeCoin

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

Project Official Website: https://apecoin.com/

Number of Tokens Unlocked: 15.6 million

Amount Unlocked: Approximately $18.88 million

ApeCoin (APE) is the ERC-20 utility and governance token of the APE ecosystem, designed to support the development of a decentralized APE community. APE is managed by the ApeCoin DAO and supported by the APE Foundation. With APE, token holders can vote on governance proposals within the DAO and access exclusive features of the APE ecosystem (such as games, events, and services).

The circulation ratio of APE has reached 75%, and this round is a regular unlock. The unlock targets are numerous, with the top three being the treasury with 7.34 million tokens (approximately $8.89 million), Yuga Labs with 4.17 million tokens (approximately $5.04 million), and Yuga Labs founders with 2.22 million tokens (approximately $2.69 million).

The specific release curve is as follows:

Weekly Token Unlocks: 7 Projects Unlock Tokens Worth $150 Million

Oasis

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

Project Official Website: https://oasisprotocol.org/

Number of Tokens Unlocked: 174 million

Amount Unlocked: Approximately $14.64 million

Oasis Network is a decentralized blockchain network built by Oasis Labs, aimed at providing secure, private, and highly scalable infrastructure to support the development of DeFi applications and data privacy solutions.

The unlock ratio for ROSE is 61%, and the unlocking has started to slow down. This round of unlocking primarily targets core contributors, unlocking 120 million tokens worth approximately $10 million, with the remaining 54 million tokens distributed among other targets.

The specific release curve is as follows:

Weekly Token Unlocks: 7 Projects Unlock Tokens Worth $150 Million

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