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Weekly Token Unlock: ONDO and TRUMP jointly unlock tokens worth over $1 billion
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Ondo Finance
Project
Official Website:
Number of tokens unlocked this time: 1.939 billion
Amount unlocked this time: approximately $780 million
Ondo Finance was founded in 2021, initially focusing on the LaaS (Liquidity as a Service) sector. However, as the market entered a bear phase, DeFi market capitalization and on-chain liquidity shrank, causing development bottlenecks. Consequently, in January 2023, the project pivoted to the RWA (Real World Assets) sector.
Before the transition, Ondo Finance issued the ONDO token and conducted a public sale on Coinlist. After purchase, tokens were locked for one year, with subsequent monthly releases. The tokens can be used as governance voting power for Flux Finance.
The specific release schedule is as follows:
Trump
Project/
Official Website:/
Number of tokens unlocked this time: 54.94 million
Amount unlocked this time: approximately $298 million
Trump issued the Meme token.
The specific release schedule is as follows:
Starknet
Project
Official Website:
Number of tokens unlocked this time: 126 million
Amount unlocked this time: approximately $10.41 million
Starknet is an Ethereum Layer 2 solution that uses zk-STARKs technology to make Ethereum transactions faster and cheaper. Starknet’s parent company, StarkWare, was founded in 2018 and is headquartered in Israel. Its main products include Starknet and StarkEx. By using STARKs, Starknet verifies transactions and computations without requiring all network nodes to validate each operation. This significantly reduces computational load and increases blockchain network throughput.
The specific release schedule is as follows: