The Arbitrum token ARB will unlock 5.553 billion pieces on March 23, accounting for 55.53% of the total supply.
Written by: Peng SUN, Foresight News
Data & Image Source: Token Unlocks, VestLab
As an integral part of Tokenomics, Token Unlocks (also known as release schedule) refers to the process of releasing locked tokens to the market within a set period of time, the purpose of which is to ensure that the team, investors It is consistent with the incentive mechanism among community users. Token unlocking (especially one-time unlocking) may bring selling pressure in the market, which in turn will lead to significant fluctuations in token prices. Therefore, investors should pay attention to risks before and after the token unlocking node.
Generally speaking, token unlocking can be divided into linear unlocking (Linear Unlocks) and one-time unlocking (Cliff Unlocks). One-time unlocking means that tokens are locked until a specific event or date occurs, and all locked tokens will be released at once. Under normal circumstances, the tokens AirDrop by the project party are part of the "one-time unlock". Linear unlocking means that tokens are released daily at a stable and fixed rate over a period of time. Liquidity incentives are usually included in linear unlocking.
According to the data compiled by Token Unlocks and VestLab, this week (March 20 to March 26, 2023), GAL (Galxe), ARB (Arbitrum), 1INCH(1INCH), GPT (CryptoGPT), ACA (Acala) , LOOKS (LooksRare) and IMX(Immutable) tokens will usher in a one-time unlock node:
Among them, the Galxe token GAL will unlock 192,307.69 pieces (approximately US$400,000) at 20:00:00 on March 23, accounting for 0.096% of the total supply;
Arbitrum token ARB will unlock 5,553,000,000 pieces at 20:30:00 on March 23, accounting for 55.53% of the total supply. Among them, "Arbitrum DAO treasury", "Individual Wallets" and "Daos in Arbitrum Ecosystem" will be unlocked at one time; "Team, Future Team + Advisors" and "Investors" will be unlocked at one time on March 23, 2024;
1INCH token 1INCH will unlock 53,572 pieces (about 30,000 USD) at 04:00:00 on March 24, accounting for 0.004% of the total supply;
CryptoGPT token GPT will unlock 15,000,000 pieces (about 1.9 million USD) at 20:00:00 on March 24th, accounting for 0.5% of the total supply;
The Acala token ACA will unlock 4,657,535 pieces (about 490,000 USD) at 08:00:00 on March 25th, accounting for 0.466% of the total supply;
LOOKS, the LooksRare token, will unlock 12,500,000 pieces (approximately $1.99 million) at 12:55:40 on March 25th, accounting for 1.25% of the total supply;
ImmutableX token IMX will be unlocked at 18:00:00 on March 25, 18,075,990.71 pieces (about 26.75 million US dollars), accounting for 0.904% of the total supply;
In addition, popular tokens currently continuously unlocked linearly include OP, FIL, UNI, BLUR, CRV, LDO, GMT, ILV, IMX, ENS, AXL, MINA, MC, C98, MANA, COMP, SWISE, RPL, RBN, EUL, FXS, AAVE, LOOKS, GLMR, SWEAT, X2Y2, FORT, SUSHI, YFI and GEL, etc.
Among them, the Stargate Finance token STG "Team" part will be unlocked linearly from March 25th, with a daily unlock of 239,726.03 pieces (about 190,000 US dollars), and the current STG "Protocol Launch" unlocks 549,451 pieces (about 430,000 US dollars ), unlocked 1%;
About 2,411,115 Optimism token OP (approximately US$4.44 million) are unlocked daily, 20% of the "Ecosystem Fund" and "Retrospective Public Goods Fund" are still not unlocked, and 60% of user AirDrop are still not unlocked;
About 1,282,192 Blur tokens (about 760,000 U.S. dollars) are unlocked every day, and 9% of the "Community Year 1" part of the "Community Treasury" has been unlocked.
