Token Unlocking This Week: 11 Projects Unlock Approximately $170 Million in Tokens

CN
5 hours ago

Next week, a total of 11 projects will experience token unlock events, among which OP and IMX have relatively larger unlock amounts.

Weekly Token Unlock: 11 Projects Unlock Approximately $170 Million in Tokens

Optimism

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

Project Official Website: https://app.optimism.io/governance

Unlock Amount: 31.34 million tokens

Unlock Value: Approximately $71.77 million

Optimism is a Layer 2 scaling solution that achieves Ethereum network scalability through the use of the Optimistic Rollup scheme, allowing for large-scale transaction processing while maintaining the security of Ethereum. Ethereum developers can efficiently use all tools on Ethereum without making changes.

This round is a regular unlock for OP, with 16.54 million tokens unlocked for core contributors, valued at approximately $37.88 million, and 14.80 million tokens unlocked for investors, valued at approximately $33.89 million.

The specific release curve is as follows:

Weekly Token Unlock: 11 Projects Unlock Approximately $170 Million in Tokens

Immutable X

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

Project Official Website: https://imx.community/

Unlock Amount: 24.52 million tokens

Unlock Value: Approximately $38.74 million

Immutable X is an NFT Layer 2 scaling solution on Ethereum. Utilizing zk-rollup technology, Immutable X aims to address the high gas fees and scalability issues when minting and trading NFTs. It features instant transaction confirmation, extremely low gas fees, and high scalability.

The IMX unlock is nearing its end, with the current circulation ratio reaching 84%. This round unlocks 16.56 million tokens for project development, valued at approximately $26.66 million, and 7.96 million tokens for ecosystem development, valued at approximately $12.81 million.

The specific release curve is as follows:

Weekly Token Unlock: 11 Projects Unlock Approximately $170 Million in Tokens

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