Token unlocks release tokens previously restricted under fundraising agreements. Projects strategically plan these releases to reduce market pressure and maintain token prices.
Watch for these three major token unlocks happening next week.
Aptos (APT)
- Unlock date: December 11
- Number of tokens unlocked: 11.31 million APT
- Current circulating supply: 535.76 million APT
Aptos operates as a Layer-1 blockchain built to deliver a secure and scalable foundation for decentralized applications. Prioritizing security and performance, it leverages advanced technologies to improve the blockchain experience.While widely regarded as a successful blockchain project, Aptos has drawn criticism for its venture capital-driven tokenomics.
Currently, a large share of APT tokens remains locked. On December 11, the project will release 11.31 million APT tokens to community members, core contributors, and investors.
Starknet (STRK)
- Unlock date: December 15
- Number of tokens unlocked: 64 million STRK
- Current circulating supply: 2.25 billion STRK
Starknet is building a ZK-Rollup Layer-2 solution to enhance the scalability of decentralized applications on Ethereum. After completing a successful funding round, the team launched the STRK token, a key element in decentralizing the network.
On December 15, the project will unlock 64 million STRK tokens, allocating them to investors and early contributors.
Sei (SEI)
- Unlock date: December 15
- Number of tokens unlocked: 55.56 million SEI
- Current circulating supply: 3.98 billion SEI
SEI is a blockchain platform built to deliver high-performance infrastructure for decentralized finance (DeFi) and other decentralized applications (dApps). Developed on the Cosmos SDK, SEI functions as a Layer-1 blockchain, emphasizing speed, scalability, and user-focused features.
On December 15, the project plans to release over 55 million SEI tokens allocated to its team members.
Next week’s cliff token unlocks will also include Cardano (ADA), Ethena (ENA), and Axie Infinity (AXS), among others, with a total combined value exceeding $740 million.
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Daria Krasnova
https://beincrypto.com/token-unlocks-december-9-15/
2024-12-08 13:00:00