Usually, the team carefully works out tokenonomics in order not to cause a lot of pressure on sellers at various stages of unlocking and not to destroy the price of the token. However, some factors, such as lack of liquidity or early investors locking in profits immediately after the tokens are unlocked, can seriously affect the asset's price.
And before you start, don't forget about the "super thank you" function. It motivates 😉
✅1. Optimism (OP)
Unlock date: January 30
Number of tokens unlocked: 24,160,000 OP
Current circulating offer: 957 378. 568. OP
Optimism is a second layer solution designed to increase the speed and scalability of the Ethereum network. According to DefiLlama, it ranks among the leaders of L2 networks in terms of the number of protocols launched and the number of funds blocked (TVL). The OP token is used for voting, project management in the Optimism Collective community, and ecosystem development. Coins released during the next unlock will be distributed among investors and key participants of the project.
✅2. Sui (SUI)
Unlock date: January 31
Number of tokens unlocked: 4,000,000 SUI
Current supply: 1,100,947,214 SUI
Sui is a high-performance first-level (L1) blockchain. The Proof-of-Stake consensus algorithm ensures the operation and security of the network. The project was developed by Mysten Labs, which was founded in 2021 by a group of former Novi Research employees who were responsible for the creation of the Diem blockchain and the Move programming language.
As of December 2021, Mysten Labs has raised $336 million in two rounds of funding. The main investors of the project are Binance Labs, Franklin Templeton and a16z Crypto.
The next SUI unlock will take place on January 31. The "thawed" tokens will be sent to the community pool.
✅3. dYdX (DYDX)
Unlock date: February 1
Number of tokens unlocked: 33,330,000 DYDX
Current Circulating Supply: 313 656 557 DYDX
In early 2023, dYdX, the largest decentralized derivatives trading protocol, announced changes to the project's initial tokenonomics. According to the updated information, 30% of the total supply of DYDX will go to early investors, another 30% will be distributed between the team and the community reserve, 28% will be used to reward traders and liquidity providers, and the rest will go to future employees. More than 50% of the total DYDX supply is currently in circulation. The remaining tokens will be unlocked in small increments over the next two years.
✅4. Acala (ACA)
Unlock date: February 1
Number of tokens unlocked: 27,430,000 ACA
Current circulating supply: 885,741,665 ACA
Launched in 2019, the Acala network is the first DeFi consortium of its kind, formed by two teams of active members of the Polkadot ecosystem - Laminar and Polkawallet. The platform supports the operation of smart contracts and is compatible with external blockchains (for example, Ethereum). ACA tokens unlocked on February 1st will be divided between strategic partners and the project team. #cryptonews #BinanceUkraine #BinanceSqare #OP #cryptoexperts $OP $ACA $SUI