Unlocks Activity in February 2024
Greetings, esteemed members of TokenUnlocks Alpha 🕵️! Welcome to the February 2024 edition of our Monthly Unlocks report, marking the ninth installment in our ongoing series. This month, we anticipate an extensive unlocking of $2,288 million, as we delve into the captivating details surrounding upcoming token releases. Our aim in this publication is to offer vital insights into prominent projects and their unlocking schedules for February and the subsequent two quarters. Join us in this thrilling journey through the intricate realm of tokenomics as we once again decipher the future!
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:
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.
$M (market value)
Unlocked amount * Token price
%Total
Unlocked amount / Total supply
%Circ.
Unlocked amount / Circulating supply
By acquainting yourself with these concepts, you'll be better prepared to unravel the complexities of the token unlocks discussed in this article.
All February Unlocks (combination of Cliff, Linear, and New Issuance unlocks)
Let's explore the overall unlocks for February. The projects in the table below possess a market value ($M) for their total February unlocks surpassing 30 million dollars. It's important to note that this amount includes all types of unlocks. If you're interested in a comprehensive breakdown of each unlock type, continue reading.
Projects that have an unlock amount exceeding 10% of the current circulating supply are specially highlighted.