Weekly Token Unlocks: STRK Unlocked Tokens Account for 4.2% of Circulating Supply

Starknet

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

Project Website: https://starknet.io/

This Unlock Amount: 130 million tokens

This Unlock Value: Approximately $4.35 million

Starknet is an Ethereum Layer 2 that utilizes zk-STARKs technology to make Ethereum transactions faster and cheaper. Its parent company, StarkWare, was founded in 2018 and is headquartered in Israel. Its main developed products include Starknet and StarkEx. By using STARKs, Starknet verifies transactions and computations without requiring all network nodes to validate every operation. This significantly reduces the computational burden and increases the throughput of the blockchain network.

The specific release schedule is as follows:

ZKsync

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

Project Website: https://zksync.io/

This Unlock Amount: 170 million tokens

This Unlock Value: Approximately $2.72 million

zkSync is a Layer 2 scaling solution developed by Matter Labs, which preserves the security properties of the underlying blockchain by leveraging the latest generation of succinct zero-knowledge proofs. All funds in zkSync are held by smart contracts on the main chain, while computation and storage are executed off-chain.

The specific release schedule is as follows:

This article is sourced from the internet: Weekly Token Unlocks: STRK Unlocked Tokens Account for 4.2% of Circulating Supply

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