One-week token unlocking: MAV and IO usher in a large number of unlocking
Next week, 16 projects will have token unlocking events. MAV and IO will have a large number of tokens unlocked, while the remaining projects will have a small amount of token unlocking.
The specific unlocking details are as follows:
Maverick
Project Twitter: https://twitter.com/mavprotocol
Project official website: https://www.mav.xyz/
Number of unlocked tokens this time: 39.85 million
Amount unlocked this time: Approximately 10.48 million US dollars
Maverick is a composable decentralized financial infrastructure that enables builders and liquidity providers to achieve high capital efficiency and execute their desired liquidity provision (LP) strategies. MAV is the native utility token of the Maverick protocol and can be used for governance and voting.
The current unlocked amount of MAV accounts for 16% of the total, and it has entered a period of high-speed unlocking. This round of unlocking will unlock 30 million tokens for investors, worth 8.24 million US dollars, and 6.4 million tokens for consultants, worth 1.76 million US dollars.
The specific release curve is as follows:
io.net
Project Twitter: https://x.com/ionet
Project official website: https://io.net/
Number of unlocked tokens this time: 8.27 million
Amount unlocked this time: Approximately US$27.2 million
io.net is a decentralized AI computing and cloud platform. By aggregating GPU supply from underutilized resources, io.net creates a network that allows machine learning (ML) startups to access nearly massive computing power at a fraction of the cost of traditional clouds.
This round of unlocking is IOs first Cliff unlocking, all of which will be released to the community. The Cliff part is 7.5 million pieces, worth 27.23 million US dollars, and the total amount including the linear unlocking part is 27.2 million US dollars.
The specific release curve is as follows:
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.
You may also like
Recent Developments Evaluated: What to Expect in the Cryptocurrency Market This Weekend?
Bitcoin Prophecy from a Giant Technology Company: “In 18 Months…”
Bitcoin technology company River, in its published analysis, drew attention to the step that Bitcoin institutional investors will take within 18 months.
Experienced Analyst Says “The Bull in Bitcoin Isn’t Over”, Gives Date for the Actual Peak
Cryptocurrency analyst Rekt Capital announced a new date for the real peak in Bitcoin prices in his statement.
Bitcoin and Ethereum ETFs drop to new lows after week of bearish price action
The total value held by U.S.-based spot Bitcoin ETFs is currently at its lowest level since May 1 after Bitcoin’s price declined this week.Spot Ethereum ETFs have hit their lowest total asset value yet recorded after similar price action.