Ethena

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

Project Official Website: https://www.ethena.fi/

Amount Unlocked This Time: 210 million tokens

Value Unlocked This Time: Approximately $83.98 million

The algorithmic stablecoin USDe launched by Ethena Labs currently relies on collateral BTC, stETH, and its inherent yield, while creating short positions in Bitcoin and ETH to balance Delta and utilize perpetual/futures funding rates to maintain its peg and provide yield. This means using the yield from spot to hedge the losses from a short position, achieving balance while also earning ETH staking rewards and short funding rates.

The specific release curve is as follows:

Space and Time

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

Project Official Website: https://www.spaceandtime.io/

Amount Unlocked This Time: 24.72 million tokens

Value Unlocked This Time: Approximately $1.31 million

Space and Time is a decentralized data warehouse and platform that provides scalable, trustless data computation and verification for Web3 applications.

The specific release curve is as follows:

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