This week, only ENA had a relatively high unlocking ratio, while the unlocking ratios of the remaining tokens were all less than 2%, of which SUI had an unlocking amount of 150 million US dollars.
Ethena
Project Twitter: https://x.com/ethena_labs
Project website: https://www.ethena.fi/
Number of tokens unlocked this time: 210 million
Amount unlocked this time: Approximately 64.37 million US dollars
The algorithmic stablecoin USDe launched by Ethena Labs currently relies on collateral BTC, stETH and its inherent income, while creating short positions in Bitcoin and ETH to balance Delta and use perpetual/futures funding rates to maintain anchoring and provide income. That is, using the income from spot to hedge the loss of one short order to achieve a balance, but you can harvest ETH pledge income and short order funding rates.
The specific release curve is as follows:
Mocaverse
Project Twitter: https://x.com/Moca_Network
Project website: https://www.mocaverse.xyz/
Number of unlocked tokens this time: 44.29 million
Amount unlocked this time: Approximately 3.41 million US dollars
Mocaverse is a metaverse product under Animoca Brands that is building Web3 native tools to empower products in the gaming, cultural and entertainment verticals, allowing users to create their own digital identity, accumulate reputation, earn and spend loyalty points, and use their digital identity to access the Mocaverse ecosystem powered by Animoca Brands’ network of more than 450 portfolio companies and partners.
The specific release curve is as follows:
Sui
Project Twitter: https://twitter.com/SuiNetwork
Project official website: https://sui.io/
Number of unlocked tokens this time: 47.34 million
Amount unlocked this time: Approximately US$150 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 blockchain. Compared with traditional blockchains, Suis most critical innovation lies in Suis data model and transaction processing channel.
The specific release curve is as follows:
