Token unlocking this week: Four Layer1/2 projects to unlock a total of 300 million USD

Next week, 9 projects will see token unlocking events. Among them, Starknet has a high unlocking ratio, unlocking 4.91% of the circulation, while the unlocking ratios for the other projects are relatively small. However, there are several projects with high amounts, namely APT, ARB, and IMX, all of which are Layer 1/2 networks.

Specific unlocking details are as follows:

Starknet

Project Twitter:

Official website of the project:

This time unlock quantity: 64 million coins

The amount unlocked this time: about 73.6 million US dollars

Starknet is the Layer 2 of Ethereum, which utilizes zk-STARKs technology to make Ethereum transactions faster and reduce costs. StarkNet’s parent company, StarkWare, was established in 2018 and is headquartered in Israel. Its main products include Starknet and StarkEx. By using STARK, Starknet verifies transactions and computations without requiring every network node to validate each operation. This significantly reduces computational burden and increases the throughput of the blockchain network.

The current unlocking of STRK is a regular linear unlocking, which accounts for a higher proportion due to the relatively small circulating supply. A total of 33.57 million STRK, worth approximately $43.3 million, will be distributed to early contributors. 30.43 million STRK, worth $39.26 million, will be unlocked for investors.

The specific release curve is as follows:

Arbitrum

Project Twitter:

Official website of the project:

Unlock amount this time: 92.65 million coins

Unlock amount: approximately 8964 million dollars

Arbitrum is an Ethereum Rollup, designed to improve the scalability of Ethereum by aggregating and processing off-chain transactions before submitting individual transactions to the Ethereum mainnet. This means that users can enjoy faster and cheaper transactions while still benefiting from the security and decentralization of the Ethereum network. The native token of Arbitrum is ARB. ARB holders can participate in the decision-making process, such as proposing and voting on protocol upgrades or changes.

The current circulating supply of ARB is 29% of the total supply, so the relative proportion of its release on Starknet is relatively small. The team will unlock tokens worth $61.12 million, and investors will unlock tokens worth $39.77 million.

The specific release curve is as follows:

Aptos

Project Twitter: _Network

Project Official Website:

Unlock quantity this time: 11.31 million coins

The unlocked amount this time: about 9229 million US dollars

Aptos is a Layer 1 public chain project aiming to build a scalable, secure, trusted, and upgradable smart contract platform. The Aptos team is an independent entity formed by former members of Meta. APT is the native token of the Aptos mainchain, used for transaction fees, staking, and governance.

APT unlocking curve begins to slow down, with a long list of unlocking beneficiaries, including core contributors 3.96 million tokens (36.02 million US dollars), community 3.21 million tokens (29.21 million US dollars), investors 2.81 million tokens (25.55 million US dollars), and foundation 1.33 million tokens (12.13 million US dollars).

The specific release curve is as follows: