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Token unlock in a week: ONDO and TRUMP jointly unlock tokens worth over 1 billion USD.

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Odaily星球日报
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2 months ago
AI summarizes in 5 seconds.

Ondo Finance

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

Project Official Website: https://ondo.finance/

Amount Unlocked This Time: 1.939 billion tokens

Amount Unlocked This Time: Approximately $780 million

Ondo Finance was established in 2021, initially focusing on the Laas (Liquidity as a Service) sector. However, as the market entered a bear phase, the DeFi market cap and on-chain liquidity shrank, leading to a bottleneck in the project's development. Consequently, it transitioned to the RWA sector in January 2023.

Before the transition, Ondo Finance issued the token ONDO, which was publicly sold on Coinlist, but the token was subject to a one-year lock-up period after purchase, with subsequent monthly releases. The token can be used as governance voting power for Flux Finance.

The specific release curve is as follows:

Trump

Project Twitter: /

Project Official Website: /

Amount Unlocked This Time: 54.94 million tokens

Amount Unlocked This Time: Approximately $298 million

Trump issued a Meme token.

The specific release curve is as follows:

Starknet

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

Project Official Website: https://starknet.io/

Amount Unlocked This Time: 12.6 million tokens

Amount Unlocked This Time: Approximately $10.41 million

Starknet is a Layer 2 solution for Ethereum, utilizing zk-STARKs technology to make Ethereum transactions faster and reduce costs. StarkWare, the parent company of Starknet, was founded in 2018 and is headquartered in Israel. Its main products include Starknet and StarkEx. By using STARK, Starknet verifies transactions and computations without requiring all network nodes to validate each operation. This significantly reduces the computational burden and increases the throughput of the blockchain network.

The specific release curve is as follows:

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