Greetings, esteemed members of TokenUnlocks Alpha 🕵️! Welcome to the April 2024 edition of our Monthly Unlocks report. This month, we're set to witness the extensive unlocking of tokens, valued at an impressive $3.68 billion, as we explore the fascinating details of upcoming token releases. Our goal with this publication is to provide you with critical insights into notable projects and their unlocking schedules from April through to the end of the third quarter in 2024 (September). Embark with us on this exciting journey through the complex world of tokenomics as we continue to unravel the future together!
Almost Lowest Total Unlock Value in 2024
As shown in the bar chart below, April has one of the lowest unlock values (with January being the lowest). If you want to explore the 2024 unlock data further, click the link below for detailed insights.
Related: Read Unlocks Data for 2024
Before delving further into the core of this piece, it's imperative to familiarize yourself with several key terms and units that will serve as your guide throughout the content. By acquainting yourself with these concepts, you'll be better prepared to unravel the complexities of the token unlocks discussed in this article.
Key Terms:
Cliff Unlocks
In a cliff unlock schedule, tokens remain locked until a specific event or date is reached. Once the predetermined condition is met, all tokens are released simultaneously.
Linear Unlocks
In a linear unlock schedule, tokens are gradually released at a consistent, predetermined rate over a set period. For instance, if 30% of tokens are scheduled to be unlocked within a month, approximately 1% of tokens would be released daily. In some cases, tokens can be released at every x% per transaction or block when vested in a smart contract.
Token Emission
Token emission refers to the process of introducing new or vested tokens into the circulating supply.
$M (market value)
Unlocked amount * Token price
%Total
Unlocked amount / Total supply
%Circ.
Unlocked amount / Circulating supply
Total Unlocks in April 2024
Let's explore the overall unlocks for April. The projects in the table below possess a market value ($M) for their total unlocks surpassing 55 million dollars. It's important to note that this amount includes all types of unlocks.
Projects that have an unlock amount exceeding 10% of the current circulating supply are specially highlighted.