There were many large unlockings this week, among which W unlocked 47.8% of the circulation, ZETA unlocked 6.2% of the circulation, and SUI unlocked tokens worth 157 million US dollars.
Wormhole
Project Twitter: https://twitter.com/wormhole
Project website: https://wormhole.com/
Number of tokens unlocked this time: 1.396 billion
Amount unlocked this time: Approximately US$122 million
Wormhole is a decentralized universal cross-chain messaging protocol that allows assets and information to be transferred between different blockchain networks. Initially incubated and supported by Jump Crypto, it aims to enable developers to build native cross-chain applications covering multiple chains.
Wormhole will unlock a huge amount of tokens at one time, including 550 million tokens (US$48.6 million) for the ecosystem, 420 million tokens (US$37.11 million) for core contributors, 290 million tokens (US$25.63 million) for strategic participants, and 127 million tokens (US$11.27 million) for guardian nodes.
The specific release curve is as follows:
ZetaChain
Project Twitter: https://twitter.com/zetablockchain
Project official website: https://www.zetachain.com/
Number of unlocked tokens this time: 45.25 million
Amount unlocked this time: Approximately 13.53 million US dollars
ZetaChain is a foundational public blockchain that enables full-chain, universal smart contracts and messaging between any blockchain. ZetaChain aims to build a fluid multi-chain crypto ecosystem. These “full-chain” smart contracts can send data and value between connected blockchains, including Bitcoin, Ethereum, Polygon, and more.
There are many ZETA unlocking objects, among which those exceeding one million US dollars are core contributors with US$3.94 million, protocol treasury with US$3.85 million, consultants with US$2.8 million, and ecological development fund with US$1.58 million.
The specific release curve is as follows:
