One-week token unlock: LINEA unlocks nearly 7% of circulating tokens

Linea

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

Project official website: https://linea.build/

Number of tokens unlocked this time: 1.09 billion

Amount unlocked this time: approximately US$30.69 million

Linea is a zk-rollup designed by ConsenSys R&D and operated by ConsenSys. It allows developers to deploy any smart contract, use any tooling, and develop as if they were building on Ethereum.

The specific release curve is as follows:

Ethena

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

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

Number of tokens unlocked this time: 171 million

Amount unlocked this time: approximately US$104 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:

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