5,553,000,000 Arbitrum tokens ARB are to be unlocked at 55.53% of the total supply on March 23rd.
As an integral part of Tokenomics, Token Unlocks refers to the release of locked tokens to the market within a prescribed period of time, the purpose of which is to ensure alignment of incentives among the project team, investors and community users. Token Unlocks (especially Cliff Unlocks) may generate selling pressure in the market, thus bringing about significant fluctuations in token prices. In view of this, investors should take notice of risks around token unlocks periods.
Token Unlocks generally fall into 2 categories: Linear Unlocks and Cliff Unlocks. Cliff Unlocks means that tokens are locked until a specific event or date when all locked tokens will be released at once. Tokens airdropped by projects commonly take up part of Cliff Unlocks. In terms of Linear Unlocks, tokens are to be released daily at a stable and fixed rate over a period of time. Liquidity incentives are usually incorporated in Linear Unlocks.
According to statistics by Token Unlocks and VestLab, tokens on the point of Cliff Unlocks this week(3.20-3.26) include GAL（Galxe）、ARB（Arbitrum）、1INCH（1inch）、GPT（CryptoGPT）、ACA（Acala）、LOOKS（LooksRare）and IMX（Immutable）.
Among them, 192,307.69 Galxe tokens GAL (approximately $400K) are to be unlocked at 20:00:00 on March 23, accounting for 0.096% of the total supply;
5,553,000,000 Arbitrum tokens ARB are to be unlocked at 20:30:00 on March 23rd, accounting for 55.53% of the total supply; Among them, “Arbitrum DAO Treasury”, “Individual Wallets” and “Daos in Arbitrum Ecosystem” will be unlocked at one time; “Team, Future Team + Advisors” and “Investors” will be unlocked at one time on March 23rd, 2024;
53,572 1inch tokens 1INCH (approximately $30K ) are to be unlocked at 04:00:00 on March 24th, accounting for 0.004% of the total supply;
15,000,000 CryptoGPT tokens GPT (approximately $1.9M ) are to be unlocked at 20:00:00 on March 24th, accounting for 0.5% of the total supply;
4,657,535 Acala tokens ACA (approximately $490K ) are to be unlocked at 08:00:00 on March 25th, accounting for 0.466% of the total supply;
12,500,000 LooksRare tokens LOOKS (approximately $1.99M ) are to be unlocked at 12:55:40 on March 25th, accounting for 1.25% of the total supply;
18,075,990.71 ImmutableX tokens IMX (approximately $26.75M ) are to be unlocked at 18:00:00 on March 25th, accounting for 0.904% of the total supply;
Besides, popular Linear Unlocks comprise OP、FIL、UNI、BLUR、CRV、LDO、GMT、ILV、IMX、ENS、AXL、MINA、MC、C98、MANA、COMP、SWISE、RPL、RBN、EUL、FXS、AAVE、LOOKS、GLMR、SWEAT、X2Y2、FORT、SUSHI、YFI、GEL, etc.
Among them, about 239,726.03 Stargate Finance tokens STG (approximately $190K) of the “Team” category are unlocked every day linearly since March 25th; 549,451 “Protocol Launch” STG are unlocked daily, 1% of which is already unlocked;
About 2,411,115 Optimism tokens OP (approximately $4.44M) are unlocked every day. 20% of “Ecosystem Fund” and “Retroactive Public Goods Funding” and 60% of user airdrops are yet to be unlocked;
About 1,282,192 Blur tokens BLUR (about $760K) are unlocked every day, and 9% of the “Community Year 1” part of the “Community Treasury” has been unlocked.
[Disclaimer] This article does not constitute any investment advice, always do your own research.
Writer: Peng SUN，Foresight News
Translator&Editor: Poerain, Foresight News
Data&Image Source：Token Unlocks、VestLab