One-week token unlock: SUI unlocks $150 million worth of tokens

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ODAILY
06-01
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This week, only ENA has a relatively high unlock ratio, with other tokens having less than 2% unlock ratio. Among them, SUI's unlocked amount reaches $150 million.


Ethena

Project Twitter: https://x.com/ethena_labs

Project Website: https://www.ethena.fi/

Number of tokens unlocked this time: 210 million

Unlocked amount this time: Approximately $64.37 million

The algorithmic stablecoin USDe launched by Ethena Labs currently relies on collateralals BTC, stETH, its inherent yield, while creating Bitcoin and ETH short positions to balance Delta and utilize perpetual/futures funding rates to maintain anchoring and provide yield. It uses spot yield to hedge against one balone-loss, thereby achieving balance and earning ETH staking yield and short position funding rate.

Specific release follows curve is as follows:

2>

Project Twitter: https://x.com/Moca_Network

https://www.mocaverse.xyz/

Number of tokens unlocked this time: 44.29 million

Unlocked amount this time: Approximately $3.41 million

Mocaverse is a metaverse product under Brands, building Web3 native tools to enhance capabilities in,, entertainment vertical fields, allowing users to create their owndigital identities, accumearn and spend loyalty loyalty points, and use theirities Ecosystem supported by Network of AnimBrands' more than 450 portfolio companies and partner network.

Specific release curve is as follows:

<2>Suihttps://twitter.com/SuiNetwork

Project Website: https://sui.io/

Number of tokens unlocked this time: 47.34 million

Unlocked amount this time: Approximately $150 million

Sui is one of the earliest projects projects public chain, by the Mysten Labs team. Sui aims at creating an environmentally friendly, low-cost, high-throughput, and low-latency permissionless blockchain. Compared to traditional block,chsui's most key innovation lies in its data model and transaction processing channel.

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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