One-week token unlocking: MAV and IO usher in a large number of unlocking

Next week, 16 projects will have token unlocking events. MAV and IO will have a large number of tokens unlocked, while the remaining projects will have a small amount of token unlocking.

The specific unlocking details are as follows:

Maverick

Project Twitter: https://twitter.com/mavprotocol

Project official website: https://www.mav.xyz/

Number of unlocked tokens this time: 39.85 million

Amount unlocked this time: Approximately 10.48 million US dollars

Maverick is a composable decentralized financial infrastructure that enables builders and liquidity providers to achieve high capital efficiency and execute their desired liquidity provision (LP) strategies. MAV is the native utility token of the Maverick protocol and can be used for governance and voting.

The current unlocked amount of MAV accounts for 16% of the total, and it has entered a period of high-speed unlocking. This round of unlocking will unlock 30 million tokens for investors, worth 8.24 million US dollars, and 6.4 million tokens for consultants, worth 1.76 million US dollars.

The specific release curve is as follows:

io.net

Project Twitter: https://x.com/ionet

Project official website: https://io.net/

Number of unlocked tokens this time: 8.27 million

Amount unlocked this time: Approximately US$27.2 million

io.net is a decentralized AI computing and cloud platform. By aggregating GPU supply from underutilized resources, io.net creates a network that allows machine learning (ML) startups to access nearly massive computing power at a fraction of the cost of traditional clouds.

This round of unlocking is IOs first Cliff unlocking, all of which will be released to the community. The Cliff part is 7.5 million pieces, worth 27.23 million US dollars, and the total amount including the linear unlocking part is 27.2 million US dollars.

The specific release curve is as follows:

This article is sourced from the internet: One-week token unlocking: MAV and IO usher in a large number of unlocking

Related: Has the summer slump begun? Crypto funds have seen the largest weekly outflows since late March

Original author: Mary Liu, BitpushNews Crypto markets faced downward pressure at the open on Monday. According to Bitpush data, Bitcoin fell below the $66,000 support level in early trading and hit a low of $65,046 in midday trading. A surge in buying then pushed the price back to $67,286. However, the bullish momentum failed to continue. As of press time, the price of Bitcoin was $66,580.16, with a 24-hour volatility close to 0%. Only five of the top 200 tokens by market value rose by more than 1% on Monday, with Convex Finance (CVX) leading the way with a 25.3% increase, followed by cat in a dogs world (MEW), which rose by 19.7%, and XRP, which rose by 5.8%. zkSync (ZK) fell the most, down 24.3%, io.net (IO) fell 22.1%,…