This week, five tokens including EUL, ACA, RON, YGG, and AVAX will be unlocked.

Project official website:

Large unlock

Ronin

Project official website:https://roninchain.com/

Number of unlocks this time: 14, 571, 969

Amount unlocked this time: (approximately) 14.28 million US dollars

Project introduction: Ronin was previously developed by Axie Infinity Development Company, and it is the Ethereum L2 specially developed for this game. The chain aims to solve the problems of Ethereum L1 congestion and high gas fees, and provide reliable, fast and reasonable guarantee for the development of the game. In addition, it also has a native DEX on the chain. As Axie Infinity's dedicated sidechain, its performance has had a major impact on the game's growth.

The unlocked amount this time is as high as 14.28 million US dollars, and the number of tokens unlocked this time is about 1.4% of the total supply. If it is calculated in terms of circulation, it is even worse, reaching 6.7%. If this amount of tokens is thrown into the market, it will have a greater impact on the market.

Number of unlocks this time: 16, 872, 453

Yield Guild Games

Project official website:https://yieldguild.io/

Number of unlocks this time: 16, 872, 453

Amount to be unlocked this time: (approximately) 3 million

Project introduction: YGG is a popular DAO project before. This project is a game guild. The guild buys the props in GameFi and lends them to the players to extract the players’ gold income.

Unlocking overview: In the recent period, YGG has been frequently unlocking. Similar to RON, YGG also has a large number of tokens that have not flowed into the market, with 74% of the tokens still locked. From the perspective of the release model, this unlock is not special. Unlocks of similar size or magnitude are happening every month. And in the future, there will be no larger-scale unlocking that is different in magnitude from this type of regular unlocking. Investors have sufficient historical data for reference.

Project official website:

Avalanche

Project official website:https://www.avax.network/

Number of unlocks this time: 9, 541, 800

Amount unlocked this time: (approximately) 137 million

Avalanche has a strong limelight in the wave of "new public chain" in the last round of bull market. As a high-performance EVM Layer 1, with the blessing of star capital such as 3AC, the price of AVAX tokens has been advancing by leaps and bounds.

The latest unlocking plan of AVAX tokens will be released linearly within a period of time in the future. This unlocking is a relatively large-scale unlocking once every three months.

Based on the current price, the unlocked amount will release about 140 million USD worth of tokens, which is also the project with the largest amount of token unlocked this week.

The current circulating supply of AVAX tokens is about 330 million, and the unlocked amount of nearly 10 million AVAX accounts for about 3% of all circulating tokens. As a public chain project, the token unlocking speed is relatively slow compared with the same track projects. Currently, about 50% of the tokens are still locked and will be fully unlocked in the next few years.

Small unlock

Project official website:

Euler

Project official website:https://www.euler.finance/

Number of unlocks this time: 138, 219

Amount unlocked this time: about $280,000

Project official website:

Acala

Project official website:https://acala.network/

Number of unlocks this time: 4, 657, 534

Amount unlocked this time: about 250,000 US dollars

Project introduction: Acala is a well-known project in the Polkadot ecosystem.

As the underlying infrastructure of the Polkadot DeFi ecosystem, Acala aims to build Polkadot's decentralized finance and liquidity center. It will be used as a parallel link to enter the Polkadot ecosystem and share the security and interoperability provided by Polkadot. At the same time, various decentralized financial applications have been built for users, such as over-collateralized lending agreements, DEX and other core infrastructure, to create a better user experience; in addition, developers are also provided with a set of Ethereum-compatible The smart contract module can directly interact with the Runtime layer, helping developers build various types of decentralized financial applications (such as NFT, prediction markets, etc.) on the Acala application layer, and helping the prosperity and development of the Acala ecosystem.

"How Token Unlocking Affects Price? Big Data Analysis Based on 5000 Items »

Related Reading

Project unlocking is usually accompanied by short-term fluctuations in token prices. Investors can pay attention to the market and capture trading opportunities, and pay attention to trading and position risks. For the correlation between tokens and prices, you can read Odaily's previous articles:

"A Brief Discussion on the Market Effects of Token Unlocking: Taking AXS, SAND, and DYDX as Examples"

"How Token Unlocking Affects Price? Big Data Analysis Based on 5000 Items »