Token Lockup is the release of Token that were previously restricted under Capital agreements. Projects strategically plan these releases to reduce market pressure and maintain Token prices.
Keep an eye out for three major Token Lockup unlock events happening next week.
Also Read: Token unlock: How does supply change affect market dynamics?
#1. Aptos (APT)
- Unlock date: 11/12
- Number of Token unlocked: 11.31 million APT
- Current Circulating Supply: 535.76 Million APT
#2. Starknet (STRK)
- Unlock date: 12/15
- Number of Token unlocked: 64 million STRK
- Current Circulating Supply: 2.25 Billion STRK
Starknet is building a ZK-Rollup Layer 2 solution to enhance the scalability of decentralized applications on Ethereum. After a successful Capital round, the team launched the STRK Token , a key element in decentralizing the network.
On December 15, the project will unlock 64 million STRK Token , distributing them to investors and early contributors.
STRK Unlock. Source: Tokenomist#3. Sei (Sei)
- Unlock date: 12/15
- Number of Token unlocked: 55.56 million Sei
- Current Circulating Supply: 3.98 Billion Sei
Sei is a blockchain platform built to provide high-performance infrastructure for decentralized finance (DeFi) and other decentralized applications (Dapps). Developed on the Cosmos SDK, Sei operates as a Layer 1 blockchain, emphasizing speed, scalability, and user-centric features.
On December 15, the project plans to release more than 55 million Sei Token allocated to team members.
Sei Unlock. Source: TokenomistNext week, the Token Lockup cliff unlocks will also include Cardano (ADA), Ethena (ENA), and Axie Infinity (AXS), with a combined total value exceeding $740 million.
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