One-week token unlocking: ALT unlocks 6.9% of the circulating tokens

Analysis3wks agoUpdate 6086cf...
15 0

Next week, 9 projects will have token unlocking events. ALT will have 5% of its tokens unlocked, and other high-proportion unlocking projects include YGG, PORTAL, OP, etc., but the amounts are relatively small.

The specific unlocking details are as follows:

One-week token unlocking: ALT unlocks 6.9% of the circulating tokens

AltLayer

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

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

Number of tokens unlocked this time: 105 million

Amount unlocked this time: Approximately 19.9 million US dollars

AltLayer is an open, decentralized Rollups protocol that combines the concept of Restaked rollup. It takes existing rollups (derived from any rollup stack, such as OP Stack, Arbitrum Orbit, ZKStack, Polygon CDK, etc.) and provides them with enhanced security, decentralization, interoperability, and fast finality. In addition, AltLayer also provides temporary execution layer services.

This round of unlocking is a regular linear unlocking of ALT. Since the current circulation only accounts for 15% of the total, the release accounts for a large proportion. The next release will be on July 25, which will account for a much larger proportion than the current one. This round of unlocking includes 35.42 million (US$7.04 million) for protocol development funds, 44.79 million (US$8.9 million) for the treasury, and 25 million (US$4.97 million) for ecological and community funds.

The specific release curve is as follows:

One-week token unlocking: ALT unlocks 6.9% of the circulating tokens

YGG

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

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

Number of unlocked tokens this time: 16.7 million

Amount unlocked this time: Approximately 10.89 million US dollars

Yield Guild Games (YGG) is a decentralized autonomous organization (DAO) for investing in NFTs based on virtual worlds and blockchain games.

YGG has unlocked 64% of the total, and the unlocking speed is continuing to slow down. This round of unlocking is for the community, founders, investors and treasury, which are 7.01 million (US$4.51 million), 4.17 million (US$2.68 million), 3.2 million (US$2.06 million), and 2.31 million (US$1.49 million), respectively.

The specific release curve is as follows:

One-week token unlocking: ALT unlocks 6.9% of the circulating tokens

This article is sourced from the internet: One-week token unlocking: ALT unlocks 6.9% of the circulating tokens

Related: zkSync is caught in a rat-warehouse scandal: airdrop conditions are biased, and witch addresses receive a large amount o

Original | Odaily Planet Daily Author | Nanzhi Yesterday, zkSync announced that it will conduct an airdrop next week and open airdrop inquiries. The 4-year interactive long-distance race has finally reached the end. However, compared with the previous Layer 2s such as Optimism and Arbitrum, the proportion of addresses eligible for airdrops in zkSync is significantly lower. There are 6,826,968 addresses on the zkSync chain, and the number of qualified addresses is 695,232, accounting for about 10%. According to community statistics, 9203 addresses received 23.9% of the total airdrop. Subsequently, zkSync officially released the airdrop details . From the details, it can be seen that although the airdrop rules are not strict, they are biased compared to the conventional standards, and the community is increasingly questioning zkSyncs insider trading. Why…

© Copyright Notice

Related articles

No comments

You must be logged in to leave a comment!
Login immediately
No comments...