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Weekly Token Unlocks: ZRO Unlocks 5.8% of Circulating Supply

南枳
Odaily资深作者
This article is about 848 words, reading the full article takes about 2 minutes
This week, ZRO and CRO see relatively larger unlocks.
AI Summary
  • Key Takeaways: Four major blockchain projects are having token unlocks this round, with Cronos seeing the largest unlock (approximately $51.29 million). These projects span Layer 1, Ethereum Rollup, zero-knowledge proof scaling, and omnichain interoperability sectors.
  • Key Details:
    1. Cronos unlocks 1.17 billion tokens, approximately $51.29 million; a Layer 1 public chain built on Cosmos SDK, compatible with EVM and IBC.
    2. Arbitrum unlocks 96.44 million tokens, approximately $12.73 million; an Ethereum Rollup solution that aggregates transactions off-chain to improve scalability, with ARB holders enjoying governance voting rights.
    3. ZKsync unlocks 170 million tokens, approximately $1.39 million; a Layer 2 solution developed by Matter Labs using zero-knowledge proofs, with funds held in smart contracts on the main chain.
    4. LayerZero unlocks 23.28 million tokens, approximately $35.39 million; an omnichain interoperability protocol focused on lightweight cross-chain messaging.
    5. Unlock amounts vary significantly, with Cronos and LayerZero leading in scale, while ZKsync has the lowest unit value.

Cronos

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

Project Website: https://cronos.org/

Unlock Amount: 1.17 billion tokens

Unlock Value: Approximately $51.29 million

Cronos Network is a Layer 1 public chain built on the Cosmos SDK that is compatible with the Ethereum Virtual Machine (EVM) and Inter-Blockchain Communication (IBC).

The specific release curve is as follows:

Arbitrum

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

Project Website: https://arbitrum.io/

Unlock Amount: 96.44 million tokens

Unlock Value: Approximately $12.73 million

Arbitrum is an Ethereum Rollup designed to improve Ethereum's scalability by aggregating and processing off-chain transactions before submitting a single transaction to the Ethereum mainnet. This means users can enjoy faster and cheaper transactions while still benefiting from the security and decentralization of the Ethereum network. Arbitrum's native token is ARB. ARB holders can participate in the decision-making process, such as proposing and voting on protocol upgrades or changes.

The specific release curve is as follows:

ZKsync

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

Project Website: https://zksync.io/

Unlock Amount: 170 million tokens

Unlock Value: Approximately $1.39 million

zkSync is a Layer 2 scaling solution developed by Matter Labs that preserves the security properties of the underlying blockchain by leveraging the latest generation of succinct zero-knowledge proofs. All funds in zkSync are held by smart contracts on the main chain, while computation and storage are executed off-chain.

The specific release curve is as follows:

Layerzero

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

Project Website: https://layerzero.network/

Unlock Amount: 23.28 million tokens

Unlock Value: Approximately $35.39 million

LayerZero is an omnichain interoperability protocol designed for lightweight cross-chain messaging. LayerZero provides trusted and guaranteed message delivery with configurable trustlessness.

The specific release curve is as follows:

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