One-week token unlocking: Four Layer 1/2 tokens unlocked a total of $300 million

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Next week, 9 projects will have token unlocking events. Among them, Starknet will unlock 4.91% of the circulating supply, while the remaining projects will unlock smaller proportions, but there are several projects with higher amounts, namely APT, ARB and IMX, all of which are Laye 1/2 networks.

The specific unlocking details are as follows:

One-week token unlocking: Four Layer 1/2 tokens unlocked a total of 0 million

Starknet

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

Project official website: https://starknet.io/

Number of tokens unlocked this time: 64 million

Amount unlocked this time: Approximately US$73.6 million

Starknet is Ethereums Layer 2, using zk-STARKs technology to make Ethereum transactions faster and less expensive. StarkNets parent company, StarkWare, was founded in 2018 and is headquartered in Israel. Its main products include Starknet and StarkEx. By using STARK, Starknet verifies transactions and calculations without requiring all network nodes to verify each operation. This significantly reduces the computational burden and increases the throughput of the blockchain network.

This round of STRK unlocking is a regular linear unlocking. Due to the small current circulation, the proportion is relatively high. 33.57 million STRK will be issued to early contributors, with a value of approximately US$43.3 million, and 30.43 million STRK will be unlocked to investors, with a value of US$39.26 million.

The specific release curve is as follows:

One-week token unlocking: Four Layer 1/2 tokens unlocked a total of 0 million

Arbitrum

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

Project website: https://arbitrum.io/

Number of unlocked tokens this time: 92.65 million

Amount unlocked this time: Approximately 89.64 million US dollars

Arbitrum is an Ethereum Rollup designed to improve Ethereums scalability. It aggregates and processes off-chain transactions before submitting individual transactions to the Ethereum mainnet. This means that users can enjoy faster and cheaper transactions while still benefiting from the security and decentralization of the Ethereum network. Arbitrums native token is ARB. ARB holders can participate in the decision-making process, such as proposing and voting on protocol upgrades or changes.

The current circulation of ARB is 29% of the total, so it is relatively small compared to the Starknet release. It will unlock tokens worth $61.12 million to the team and tokens worth $39.77 million to investors.

The specific release curve is as follows:

One-week token unlocking: Four Layer 1/2 tokens unlocked a total of 0 million

Aptos

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

Project website: https://aptosfoundation.org/

Number of unlocked tokens this time: 11.31 million

Amount unlocked this time: Approximately 92.29 million US dollars

Aptos is a Layer 1 public chain project, whose goal is to build a scalable, secure, trustworthy and upgradeable smart contract platform. The Aptos team was formed by former Meta members. APT is the native token of the Aptos main chain, used to pay transaction fees, verify collateral and governance.

The APT unlocking curve began to slow down, and the unlocking targets more people, including 3.96 million core contributors (US$36.02 million), 3.21 million community (US$29.21 million), 2.81 million investors (US$25.55 million), and 1.33 million foundations (US$12.13 million).

The specific release curve is as follows:

One-week token unlocking: Four Layer 1/2 tokens unlocked a total of 0 million

This article is sourced from the internet: One-week token unlocking: Four Layer 1/2 tokens unlocked a total of $300 million

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