Starknet and Kamino are set to unlock a combined total of tokens valued at approximately $19.97 million this week. Starknet, a Layer 2 solution for Ethereum utilizing zk-STARKs technology, will release 127 million tokens, equating to around $6.34 million. Starknet aims to enhance Ethereum transaction speed and reduce costs by verifying transactions without requiring all network nodes to participate, thus increasing blockchain throughput.
Meanwhile, Kamino, an automated liquidity solution based on the concentrated liquidity market maker mechanism, will unlock 12.5 million tokens, valued at approximately $13.63 million. Kamino, incubated by Hubble Protocol, offers liquidity providers tools to improve capital efficiency and maximize returns through its automated market-making library.
Starknet and Kamino to Unlock Tokens Worth $19.97 Million
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
