Next week, 16 projects will have token unlocking events. Among them, STRK and PIXEL will unlock a large proportion of tokens, which are $78.72 million and $20.72 million respectively. In addition, AEVO will conduct a "conversion unlocking" of more than $1 billion.
The specific unlocking details are as follows:
Age
Project Twitter: https://twitter.com/aevoxyz
Project website: https://www.aevo.xyz/
Number of unlocked tokens this time: 848 million
Amount unlocked this time: Approximately US$1.06 billion
Aevo is a decentralized derivatives trading platform and Layer 2, focusing on options and perpetual contracts trading. Aevo runs on an Ethereum roll-up based on the OP Stack, which enables Aevo to increase transaction speed and reduce transaction costs while maintaining decentralization.
Token.unlocks shows that AEVO will unlock tokens worth about $1.06 billion on May 15, which is 7.7 times the current market value. The community also spreads this statement, but it is not really going to "unlock" $1 billion in tokens. The actual situation is as follows:
Before launching the AEVO token, the predecessor of the Aevo team, Ribbon Finance, had actually launched the RBN token. What is open this time is the "conversion" of RBN to AEVO token. CoinGecko shows that the current market value of RBN is about 1.09 billion. Therefore, the AEVO token is not newly added. The change from "unlocked" to "unlocked" can be more accurately understood as the "fusion" of the circulating market value.
Starknet
Project Twitter: https://twitter.com/Starknet
Project official website: https://starknet.io/
Number of unlocked tokens this time: 64 million
Amount unlocked this time: Approximately 78.72 million US dollars
Starknet is Ethereum's Layer 2, using zk-STARKs technology to make Ethereum transactions faster and less expensive. StarkNet's parent company, StarkWare, was founded in 2018 and is headquartered in Israel. Its main products include Starknet and StarkEx. By using STARK, Starknet verifies transactions and calculations without requiring all network nodes to verify each operation. This significantly reduces the computational burden and increases the throughput of the blockchain network.
Starting from this month, STRK will enter a continuous large-amount linear unlocking phase. The current circulation only accounts for 8% of the total, and the amount released this time accounts for 8.7% of the circulation. Subsequent months will maintain a similar level of continuous unlocking, and the currency will continue to unlock. Prices are expected to have a significant impact.
The specific release curve is as follows:
Pixels
Project Twitter: https://twitter.com/pixels_online
Project website: https://www.pixels.xyz/
Number of unlocked tokens this time: 54.37 million
Amount unlocked this time: Approximately 20.72 million US dollars
Pixels is a metaverse farming P2E game launched in 2021, featuring a 16-bit pixel style, providing players with the opportunity to interact, farm, play mini-games and earn token rewards in a pixel world. It allows the use of PFP type NFTs as game avatars.
This round is the regular linear unlocking of PIXEL. Since it has not been online for a long time, the proportion is relatively high. This round of unlocking is mainly 28.33 million pieces of ecological rewards, worth about 11.12 million US dollars. The rest are 17.71 million pieces for the treasury and 8.33 million pieces for consultants, worth 6.95 million US dollars and 3.27 million US dollars respectively.
The specific release curve is as follows:
