Weekly Token Unlocks: EIGEN unlocks 5.8% of circulating supply

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EigenLayer

Project

Official website:

Unlocked this time: 36.78 million tokens

Unlocked value this time: approximately $7.43 million

EigenLayer is a protocol built on Ethereum. It introduces the concept of restaking, a new primitive in crypto-economic security. This primitive allows ETH to be restaked at the consensus layer. Users who stake ETH can choose to join EigenLayer smart contracts to restake their ETH and extend crypto-economic security to other applications across the network.

The specific release curve is as follows:

Falcon Finance

Project

Official website:

Unlocked this time: 100 million tokens

Unlocked value this time: approximately $6.15 million

Falcon Finance is a decentralized protocol designed to serve as a general-purpose collateral infrastructure for minting synthetic assets and generating yield.

The specific release curve is as follows:

Kamino

Project

Official website:

Unlocked this time: 220 million tokens

Unlocked value this time: approximately $4.04 million

Kamino is an automated liquidity solution based on a concentrated liquidity market maker (CLMM) mechanism. Liquidity providers (LPs) seeking to improve capital efficiency can use Kamino’s automated market-making pool to increase the expected fee and return yield. Kamino was incubated by Hubble Protocol.

The specific release curve is as follows:

EIGEN4.23%
ETH1.39%
FF1.02%
KMNO2.22%
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