One-week token unlock: ENA will unlock 67.5% of the circulating supply

A total of 8 projects will be unlocked next week, and ENA will usher in a huge amount of unlocking, with the unlocking amount accounting for 67.5% of the circulation amount.

埃塞娜

项目推特： https://x.com/ethena_labs

项目网站： https://www.ethena.fi/

Number of tokens unlocked this time: 2.11 billion

Amount unlocked this time: Approximately US$849 million

The algorithmic stablecoin USDe launched by Ethena Labs currently relies on collateral BTC, stETH and its inherent income, while creating short positions in Bitcoin and ETH to balance Delta and using perpetual/futures funding rates to maintain anchoring and provide income. That is, using the income from spot to hedge the loss of one short order to achieve a balance, but you can harvest ETH pledge income and short order funding rates.

Next week, Ethena will conduct two Cliff unlocks, the most important of which are 1.125 billion tokens (US$450 million) for core contributors and 937.5 million tokens (US$375 million) for investors, in addition to 40.63 million tokens for the foundation, worth approximately US$16.35 million.

具体释放曲线如下：

贝拉查恩

项目推特： https://berachain.com/

项目网站： https://x.com/berachain

Number of unlocked tokens this time: 10.99 million

Amount unlocked this time: Approximately 90.37 million US dollars

Berachain is a Layer 1 blockchain built on Cosmos SDK, compatible with EVM, and protected by the Proof of Liquidity (PoL) consensus mechanism. The Berachain token economy introduces the Bera network with a three-token system, which has the network gas token BERA, the ecological stablecoin HONEY, and the non-transferable Bera governance token BGT.

BERA ushered in its first cliff unlock, totaling 10 million US dollars, worth approximately 81.8 million US dollars, and the rest was linear unlocking.

具体释放曲线如下：

This article is sourced from the internet: One-week token unlock: ENA will unlock 67.5% of the circulating supply