Next week, the token unlocking of 5 projects deserves the attention of investors. They are SAND, FLOW, EUL, APE, ROSE respectively.

Among them, SAND will usher in a huge amount of unlocking. In addition, the unlocking scale of APE and ROSE is also considerable.

The Sandbox

Project official website:

Project Twitter:

The number of unlocked this time: 332 million pieces

Amount unlocked this time: (approximately) 130 million US dollars

The Sandbox is a metaverse game product. Through the functional token SAND based on Ethereum, this product allows players to create and own different game experiences and earn benefits from them. For creators, digital assets (NFT) can also be created through The Sandbox Game Maker and uploaded to the store.

As the head project of the metaverse track, SAND's token unlocking deserves the attention of investors.

At present, the market value of SAND tokens in circulation is about 820 million US dollars, which is the project with the largest market value among the projects to be unlocked next week.

In this unlock, the number of unlocks exceeded 300 million SAND, which is a very impressive amount of unlocking. Its token economics shows that the maximum supply of SAND is 3 billion, and currently 32% of the tokens are still locked, and the current number of SAND in circulation is only about 2 billion.


In this unlocking next week, the unlocking amount exceeds 130 million US dollars, and its unlocking amount (unlocked amount) is about 16.16% of the circulating market value (or circulating amount).

Additionally, the token unlock curve is displayed. SAND will not be unlocked again for a long time, and its unlocking frequency is only twice a year. It is unlocked every six months (February and August each year).

The large-scale unlocking of SAND tokens worth 100 million US dollars this time deserves the attention of investors. It is recommended to pay attention to market fluctuations in advance to capture market opportunities.

Flow

Project official website:

Project Twitter:

The number of unlocked this time: 7.29 million pieces

Amount unlocked this time: (approximately) 4.09 million US dollars

Flow is a high-performance chain built for games and NFT. The product aims to empower the new generation of games, applications and digital assets. Flow was born to a certain extent to solve the problem of NFT circulation on the ETH chain, which can be scaled up on a large scale without using shards to keep transactions fast and low-cost.


Flow's release model shows that FLOW is linearly unlocked, and the normalization is to maintain small, but high-frequency FLOW tokens to unlock.

This time, Flow only unlocked about 4 million US dollars. For FLOW, whose circulation market value has reached hundreds of millions, such a large-scale unlocking is not enough to cause an impact on its huge circulation.

Euler

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Project Twitter:

The number of unlocks this time: 157,000 pieces

Amount unlocked this time: (approximately) $400,000

Euler is a custom permissionless lending protocol that helps users lend and borrow more Ethereum-based tokens than ever before. As a custom permissionless lending protocol, the protocol has a series of new features to help users lend and borrow more types of tokens than ever before. On the lending side, there is still significant unmet demand in the long-tail asset class of lending and lending cryptoassets.


The unlocking scale of EUL is similar to that of FLOW, both of which are less than 1% of the circulation. Like FLOW, EUL tokens are also normalized to maintain small, but high-frequency token unlocking.

At present, the EUL circulation is close to 50 million US dollars, and this unlocking is only 400,000 US dollars, so there is no need to worry too much.

ApeCoin

Project official website:

Project Twitter:

The number of unlocked this time: 15.6 million pieces

Amount unlocked this time: (approximately) 31.05 million US dollars

APE is famous for its issuer, Yuga Labs. As the parent company of BAYC, Yuga Labs has gained fame in the NFT ecosystem. Yuga has stated that it will actively apply APE as the main token for all new products and services. In addition to BAYC, Yuga also owns two major IPs, CryptoPunks and Meebits.

ApeCoin (APE) is the governance and utility token of the APE ecosystem with a total supply of 1 billion. The project is controlled and established by the community, and ApeCoin DAO is its governance organization, allowing all APE holders to vote on governance decisions. In addition to DAO, Yuga also established the APE Foundation as the legal supervisor of DAO. The Foundation's Board of Directors consists of 5 members. When the token was initially issued, BAYC holders were airdropped a large number of APE tokens.

As early as its release, APE received a lot of attention due to its high topicality. And its large number of positions and reserved tokens also caused it to be criticized for a while. APE Token Economics shows that 47% of its tokens are held in vaults.

Even today, roughly two years after the token launch, 51% of APE tokens are still locked.


The unlocked amount this time accounts for 4.23% of the circulating supply, which is a considerable amount. However, unlocking of similar scale has happened many times before, and there are enough historical data for reference.

Oasis Network

Project official website:

Project Twitter:

The number of unlocked this time: 171 million pieces

Amount unlocked this time: (approximately) 8.14 million US dollars

The Oasis network is a Layer 1 network that can provide users with private computing and is compatible with EVM. Users have the right to decide the use of their private data, and can obtain benefits through data. The Oasis network separates consensus and computing into a consensus layer and a computing layer, enabling the Oasis network to support computing-intensive use cases, such as machine learning and deep learning, while ensuring the scalability and privacy of the main chain. The future application prospects are broad.

As a proof of the underlying Layer 1 protocol, multiple parallel execution environments (ParaTimes) are allowed to submit transactions to the network at the same time, which improves the scalability of the network and the adaptability of the network to meet a wide range of needs.

From the perspective of unlocking frequency, token unlocking of similar magnitude occurs once a quarter.

 ROSE token economics shows that the tokens unlocked this time come from core contributors, communities, partners & reserves.

Among them, of the 171 million unlocked by ROSE this time, 140 million (approximately US$6.67 million) will belong to core contributors.

The maximum supply limit of ROSE is 10 billion, and there are still about 24% of the tokens waiting to be unlocked and not yet in circulation.

According to Coingecko data, the 24-hour trading volume of ROSE is only 5.02 million US dollars. The amount of tokens unlocked this time is as high as 8.14 million US dollars, accounting for 1.7% of the total supply, accounting for about 3.4% of the circulation, which is quite impressive. If they are all sold, it may bring greater selling pressure.

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