One-week token unlock: W unlocks a huge amount of tokens

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ODAILY
03-30
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This week, there are many large-scale unlocks, with W's unlock volume accounting for 47.8% of the circulating supply, ZETA accounting for 6.2%, and SUI token unlock value reaching $157 million.

Wormhole

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

Project Website: https://wormhole.com/

This unlock quantity: 1.396 billion tokens

This unlock amount: Approximately $122 million

Wormhole is a decentralized universal cross-chain messaging protocol that allows the transfer of assets and information 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.

Wormhole will unlock a massive number of tokens, including 550 million tokens ($48.6 million) for the ecosystem, 420 million tokens ($37.11 million) for core contributors, 290 million tokens ($25.63 million) for strategic participants, and 127 million tokens ($11.27 million) for guardian nodes.

The specific release curve is as follows:

ZetaChain

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

Project Website: https://www.zetachain.com/

This unlock quantity: 45.25 million tokens

This unlock amount: Approximately $13.53 million

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

ZETA has multiple unlock recipients, with over a million dollars each going to core contributors ($3.94 million), protocol treasury ($3.85 million), advisors ($2.80 million), and ecosystem development fund ($1.58 million).

The specific release curve is as follows:

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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