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One-week token unlocking: W welcomes the first Cliff unlocking since its launch

One-week token unlocking: W welcomes the first Cliff unlocking since its launch

Odaily2024/07/28 04:22
By:Odaily

Next week, 14 projects will have their tokens unlocked. W and ZETA will have a large proportion unlocked, CLOUD will have a relatively high proportion unlocked, and other tokens will be unlocked in the normal range.

One-week token unlocking: W welcomes the first Cliff unlocking since its launch image 0

Wormhole

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

Project website: https://wormhole.com/

Number of tokens unlocked this time: 610 million

Amount unlocked this time: Approximately US$186 million

Wormhole is a decentralized universal cross-chain messaging protocol that allows assets and information to be transferred between different blockchain networks. Initially incubated and supported by Jump Crypto, it aims to enable developers to build native cross-chain applications covering multiple chains.

W has ushered in its first Cliff unlocking since its launch. The current circulation accounts for 20% of the total. In this round, 600 million pieces are unlocked for the community, with a value of approximately US$174 million, and the rest are unlocked linearly.

The specific release curve is as follows:

One-week token unlocking: W welcomes the first Cliff unlocking since its launch image 1

ZetaChain

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

Project official website: https://www.zetachain.com/

Number of unlocked tokens this time: 54.82 million

Amount unlocked this time: Approximately 36.02 million US dollars

ZetaChain is a foundational public blockchain that enables full-chain, universal smart contracts and messaging between any blockchain. ZetaChain aims to build a fluid multi-chain crypto ecosystem. These “full-chain” smart contracts can send data and value between connected blockchains, including Bitcoin, Ethereum, Polygon, and more.

The current circulation of ZETA is only 13% of the total. Starting from this round of unlocking, it will enter a stage of rapid inflation, of which 26.25 million (worth 16.94 million US dollars) will be unlocked mainly for core contributors, and 18.67 million (worth 12.05 million US dollars) will be unlocked for consultants. The remaining unlocking objects include ecological funds, user growth funds pools, and liquidity incentives, which account for a relatively small proportion.

The specific release curve is as follows:

One-week token unlocking: W welcomes the first Cliff unlocking since its launch image 2

Sanctum

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

Project website: https://app.sanctum.so/infinity

Number of tokens unlocked this time: 10 million

Amount unlocked this time: Approximately 2.9 million US dollars

Sanctum is an LST protocol based on Solana. Sanctum enables users who natively stake SOL or use liquid staking tokens (LST) to leverage a unified liquidity layer to conduct flash loans, switch LST collateral positions, and ensure that DeFi lending protocols remain solvent.

The current circulation ratio of CLOUD is 12%, and the release is mainly for Launch airdrops, which is worth 2.9 million US dollars. The specific release rules of the remaining tokens including LFG and community are still to be determined.

The specific release curve is as follows:

One-week token unlocking: W welcomes the first Cliff unlocking since its launch image 3

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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.

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