Starknet

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

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

Amount unlocked this time: 130 million pieces

Amount unlocked this time: approximately 7.19 million USD

Starknet is Ethereum's Layer 2, using zk-STARKs technology to make Ethereum transactions faster and reduce fees. The parent company of Starknet, StarkWare, was founded in 2018 and is headquartered in Israel. Its main products include Starknet and StarkEx. By using STARK, Starknet validates transactions and computations without requiring every network node to validate each operation. This significantly reduces computational burden and increases the throughput of the blockchain network.

Arbitrum

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

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

Amount unlocked this time: 95.87 million pieces

Amount unlocked this time: approximately 13.71 million USD

Arbitrum is an Ethereum Rollup, aimed at improving Ethereum's scalability. It aggregates and processes 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. The native token of Arbitrum is ARB. ARB holders can participate in the decision-making process, such as proposing and voting on protocol upgrades or changes.

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