One week of token unlocking: ENA unlocks approximately $138 million worth of tokensRecommended Articles

Ethena

Project Twitter: https://x.com/ethena_labs

Project website: https://www.ethena.fi/

Number of tokens unlocked this time: 212 million

Amount unlocked this time: approximately US$138 million

Ethena Labs’ algorithmic stablecoin, USDe, currently relies on collateralized BTC and stETH, along with their inherent yields. It simultaneously creates short positions in Bitcoin and ETH to balance delta and leverages perpetual/futures funding rates to maintain the peg and provide yield. This balance is achieved by using spot gains to offset losses from short positions, while still reaping the benefits of ETH staking and the short position funding rate.

The specific release curve is as follows:

Sui

Project Twitter: https://twitter.com/SuiNetwork

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

Number of unlocked tokens this time: 47.01 million

Amount unlocked this time: approximately US$153 million

Sui is one of the earliest Meta-chain public blockchain projects, developed by the Mysten Labs team. Sui aims to create an environmentally friendly, low-cost, high-throughput, and low-latency permissionless blockchain. Compared to traditional blockchains, Sui’s key innovation lies in its data model and transaction processing pipeline.

The specific release curve is as follows:

This article is sourced from the internet: One week of token unlocking: ENA unlocks approximately $138 million worth of tokensRecommended Articles

Related: More than just trading, HyperLiquids early GameFi and SocialFi projects

Reference sourceSMooTH Compiled by Odaily Planet Daily Golem ( @web3_golem ) Editors note: Since Hyperliquid launched HyperEVM, its ecosystem has grown rapidly, with DeFi, GameFi and other projects emerging one after another. SMooTH has taken stock of the GameFi and SocialFi projects in Hyperliquid that are still in the early stages, and classified them according to factors such as project development progress, influence, and product quality. Odaily will provide additional information on these early projects in this article for readers reference. A-level GameFi project These are projects that show real potential. Maybe they’re still in the early stages or missing a feature or two, but the vision is there and the execution is strong. With a little more polish (or a large player base), they could grow quickly. 808 FLIP:…