Next week, 9 projects will have token unlocking events. ALT will have 5% of its tokens unlocked, while the remaining projects with a high unlocking ratio include YGG, PORTAL, OP, etc., but the amounts are relatively small.
The specific unlocking details are as follows:
AltLayer
Project Twitter: _layer
Project official website:
Unlock quantity this time: 105 million
This unlocking amount: about 1990 million dollars
AltLayer is an open, decentralized Rollups protocol that combines the concept of Restaked rollup. It adopts existing rollups (derived from any rollup stack, such as OP Stack, Arbitrum Orbit, ZKStack, Polygon CDK, etc.) and provides enhanced security, decentralization, interoperability, and fast finality for them. In addition, AltLayer also provides services for temporary execution layers.
This round of unlocking is the regular linear unlocking of ALT. Since the current circulating supply accounts for only 15% of the total, the release proportion is relatively large. The next release will be on July 25th, with a proportion far exceeding the current one. This round of unlocking consists of 35.42 million (7.04 million US dollars) for protocol development funds, 44.79 million (8.90 million US dollars) for the treasury, and 25 million (4.97 million US dollars) for ecological and community funds.
The specific release curve is as follows:
YGG
Project Twitter:
Project official website:
Unlock amount: 16.7 million coins
Amount unlocked this time: about $10.89 million
Yield Guild Games (YGG) is a decentralized autonomous organization (DAO) for investing in NFTs based on virtual worlds and blockchain games.
YGG has unlocked 64% of the total amount, and the unlocking speed is continuing to slow down. This round of unlocking is for the community, founders, investors, and treasury, with 7.01 million tokens (4.51 million USD), 4.17 million tokens (2.68 million USD), 3.2 million tokens (2.06 million USD), and 2.31 million tokens (1.49 million USD) respectively.
The specific release curve is as follows:
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