One-week token unlock: SUI unlocks nearly $280 million worth of tokens

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ODAILY
12-29
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Next week, there will be 10 projects unlocked, and ZETA will unlock nearly 10% of its circulating tokens.

ZetaChain

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

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

Unlocked amount this time: 54.91 million

Unlocked amount in USD: Approximately $32.54 million

ZetaChain is a basic public Block, capable of cross-chain, universal smart contracts and messaging across any Block. ZetaChain aims to build a fluid multi-chain crypto ecosystem, where these "cross-chain" smart contracts can send data and value between connected Blocks, including Bitcoin, Ethereum, Polygon, etc.

ZETA has currently only unlocked 27%, and is currently in a high-speed release period. This round is unlocked for five types of objects, the most important of which are core contributors 26.25 million ($ 15.52 million), advisors 18.67 million ($ 11.04 million), and the ecosystem development fund 5.25 million ($ 3.1 million).

The specific release curve is as follows:

Sui

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

Project website: https://sui.io/

Unlocked amount this time: 68.33 million

Unlocked amount in USD: Approximately $278 million

Sui is one of the earliest projects in the Meta public Chain, developed by the Mysten Labs team. Sui aims to create an environmentally friendly, low-cost, high-throughput, low-latency, permissionless Block. Compared to traditional Blocks, Sui's key innovation lies in Sui's data model and transaction processing channel.

SUI's current circulation ratio is 29%. This round of unlocking includes Series A financing 19.84 million ($ 80.94 million), Series B financing 19.32 million ($ 78.83 million), community reserve 12.63 million ($ 51.52 million), early contributors 10.34 million ($ 42.18 million), and Mysten Labs treasury ($ 8.44 million).

The specific release curve is as follows:

Optimism

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

Project website: https://app.optimism.io/governance

Unlocked amount this time: 31.34 million

Unlocked amount in USD: Approximately $58.61 million

Optimism is a Layer 2 scaling solution that uses the Optimistic Rollup approach to achieve the goal of scaling the Ethereum network. It can process transactions on a large scale while maintaining the security of Ethereum, and Ethereum developers can use all the tools on Ethereum efficiently without any changes.

OP's current unlocked volume is only 32%, with only two unlocking objects, core contributors 16.54 million ($ 31.1 million) and investors 14.8 million ($ 27.82 million).

The specific release curve is as follows:

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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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