One-week Token Unlock: MODE and TAIKO See Massive Unlocking

Next week, 9 projects will see Token unlocking events. MODE and TAIKO will have massive unlocks.

Mode Network

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Official Website:

Unlocking Quantity: 500 million coins

This time the unlocked amount: about 633 million US dollars

Mode Network is a modular Layer 2 network focusing on the Decentralized Finance track, built on Optimism’s Bedrock upgrade. Mode has designed contract profit-sharing incentives at the protocol layer, allowing DApps and users on the Mode blockchain to directly benefit from a portion of the network’s sequencer profits.

Mode’s unlocking this time is for ‘User and Developer Airdrop’, with a total of 500 million tokens, worth about $6.33 million. Since Mode has only unlocked once so far, the circulation ratio is 13%, so the unlocking ratio is huge. However, there will be no additional unlocking shares for the next six months or more.

The specific release curve is as follows:

Taiko

Project Twitter:

Official Website:

Unlock quantity this time: 12 million coins

This time the unlocked amount: about 1968 million dollars

Taiko is an Ethereum equivalent ZK-Rollup that scales Ethereum by supporting all EVM opcodes in a decentralized, permissionless, and secure Layer 2 architecture.

This Token unlock is all for the Taiko Trailblazer Airdrop, with a total of 12 million Tokens worth approximately $19.68 million. As the current unlock ratio is only 9%, the impact is significant. The next unlock will take place in December. (Odaily Note: Trailblazer is a Mainnet incentive activity launched by Taiko.)