Next week, 14 projects will have their token unlocking events. The unlocking ratios are not high, among which YGG, PORTAL, and DYDX have relatively high unlocking ratios.
YGG
Project Twitter: https://twitter.com/YieldGuild
Project official website: https://yieldguild.io/
Number of unlocked tokens this time: 14.07 million
Amount unlocked this time: Approximately 6.71 million US dollars
Yield Guild Games (YGG) is a decentralized autonomous organization (DAO) for investing in NFTs based on virtual worlds and blockchain games.
YGG has unlocked 67% of the total, with 5.32 million coins unlocked for the community, worth about 2.13 million U.S. dollars; 4.17 million coins unlocked for the founders, worth 1.66 million U.S. dollars; 2.31 million coins unlocked for the treasury, worth 920,000 U.S. dollars; and 2.28 million coins unlocked for investors, worth 910,000 U.S. dollars.
The specific release curve is as follows:
Portal
Project Twitter: https://twitter.com/Portalcoin
Project official website: https://www.portalgaming.com/
Number of unlocked tokens this time: 6.03 million
Amount unlocked this time: Approximately 1.99 million US dollars
Portal is a Web3 gaming platform. PORTAL is the platforms native token, acting as a link between Web3 games and gamers, providing players with a unified access point for Web3 games and game-related transactions. Ecosystem participants can run nodes based on the Portal Web3 engine and LayerZero repeaters to provide verification of cross-chain transactions, thereby achieving asset interoperability.
The unlocked amount of PORTAL accounts for 33% of the total amount. The current unlocking is daily linear unlocking, which is aimed at private placement, public offering, teams, etc. The daily unlocking amount is approximately US$246,000 based on the current price.
The specific release curve is as follows:
DX
Project Twitter: https://twitter.com/dydxfoundation
Project official website: https://dydx.trade/
Number of unlocked tokens this time: 8.33 million
Amount unlocked this time: Approximately 9.25 million US dollars
dYdX is a decentralized derivatives exchange for perpetual contracts and margin trading. It provides order book-style blockchain digital asset trading services and leverage and contract trading functions. dYdX adopts an off-chain matching + on-chain settlement order model. The operating experience is closer to traditional CEX, and can implement limit trading, stop loss and other operations.
This round of unlocking is mainly for the B-side, including 4.62 million tokens for investors (worth about 5.13 million US dollars), 2.55 million tokens for project parties (worth about 2.83 million US dollars), and 1.17 million tokens for future employment (worth about 1.3 million US dollars).
The specific release curve is as follows:
