Liquity, Galxe and Hashflow have token unlocks scheduled for next week. The total value of tokens unlocked next week exceeds $12 million.
Unlock date: June 5
Number of tokens unlocked: 657,350 LQTY.
Current circulating supply: 96.08 million LQTY - is a decentralized lending protocol that allows users to borrow against Ethereum at a 0% interest rate. It operates via a stablecoin, LUSD, which is pegged to the US dollar. The LQTY coin is the native utility token of the Liquity platform, used to manage and pay out staking rewards.
Unlock date: June 5
Number of tokens unlocked: 2.03 million GAL Current circulating supply: 115.5 million GAL
Galxe (formerly Project Galaxy) is a Web3 credential network that allows developers to use digital credentials. It enables projects to reward and engage users through various credential-based activities.
The GAL token is the native utility token of the Galxe platform, used for management, staking and accessing premium features.
Unlock date: June 7 Number of tokens unlocked: 13.62 million HFT Current circulating supply: 406 million HFT
Hashflow is a decentralized exchange (DEX) designed to facilitate seamless cross-chain trading and asset exchange with zero slippage. Uses advanced market making techniques to ensure efficient and accurate pricing. HFT Token is the native utility token of the Hashflow platform, used to manage, stake and reward users.
