This week, solely ENA has an unlocking ratio better than 3%, which can unlock tokens worth approximately US$138 million, accounting for 3.2% of the circulating provide.
Ethena
Undertaking Twitter: https://x.com/ethena_labs
Undertaking web site: https://www.ethena.fi/
Quantity of tokens unlocked this time: 212 million
Quantity unlocked this time: approximately US$138 million
Ethena Labs’ algorithmic stablecoin, USDe, at the moment depends on collateralized BTC and stETH, together with their inherent yields. It concurrently creates quick positions in Bitcoin and ETH to stability delta and leverages perpetual/futures funding charges to keep up the peg and supply yield. This stability is achieved by utilizing spot beneficial properties to offset losses from quick positions, whereas nonetheless reaping the advantages of ETH staking and the quick place funding charge.
The precise launch curve is as follows:
Sui
Undertaking Twitter: https://twitter.com/SuiNetwork
Undertaking official web site: https://sui.io/
Quantity of unlocked tokens this time: 47.01 million
Quantity unlocked this time: approximately US$153 million
Sui is one of the earliest Meta-chain public blockchain tasks, developed by the Mysten Labs crew. Sui goals to create an environmentally pleasant, low-cost, high-throughput, and low-latency permissionless blockchain. In comparison with conventional blockchains, Sui’s key innovation lies in its information mannequin and transaction processing pipeline.
The precise launch curve is as follows:
