ChainCatcher news, the cross-chain interoperability project Entangle announced on social media a significant adjustment to its token NGL unlocking plan, emphasizing that these adjustments are aimed at ensuring the long-term development of the project. They plan to unveil a new structural plan in the coming weeks to address the scalability challenges facing Web3.According to the new plan, private investors can choose to unlock all remaining tokens early on October 1, but must accept a 37.5% discount. Similarly, KOLs can also choose full unlocking, but the discount rate is 47.5%. The team token allocation remains unchanged, but 30% has been burned, and the unlocking period has been extended from the original 6 months to 12 months, with the total vesting period extended to 30 months. The deducted tokens will be deposited into a smart contract for marketing, grants, and project expenses.

ChainCatcher news, on-chain analyst Yu Jin posted on platform X, stating that UNI has entered a fully circulating state. On-chain chip analysis: In September 2020, UNI was issued and listed. The team/investors/advisors and community treasury received a total of 83% of UNI (830 million tokens) distribution, which has a four-year unlocking period. Now, four years have passed, and these UNI have completed unlocking and become fully circulating tokens. The distribution of UNI is as follows:LP staking rewards 2% (2020/9-11 liquidity mining distribution);Early user airdrop 15%;Community treasury 43% (4-year unlocking period);Team/investors/advisors 40% (4-year unlocking period).The 17% belonging to LP mining + airdrop has been fully circulated at the initial launch, so we only need to look at the community treasury and the team/investors/advisors.Community treasury (43%): The community treasury has a distribution of 430 million UNI, which has been fully unlocked. Currently, the community treasury address holds 399,789,850 UNI, meaning that over the past four years, the total amount of UNI that has flowed into the market from the community treasury is 30,210,150 tokens.Team/investors/advisors (40%): The community treasury has a distribution of 400 million UNI, which has been fully unlocked, with 58,164,177 UNI flowing into the market. Since the top six addresses by allocation (such as a16z) have basically not sold, the selling ratio is not high.Summary: UNI has now completed all unlocking, with a circulation rate of 100% (1 billion tokens). However, because the community treasury and team/investors/advisors, which hold the majority of the chip distribution, have not sold many (88.37 million tokens), the vast majority of unlocked chips have not been sold. Therefore, the actual circulating quantity of UNI is currently around 258.3 million tokens (25.83% of the total).

ChainCatcher news, Sui co-founder and CEO evan.sui responded on social media to discussions about "SUI's annual inflation rate exceeding 250%" by stating that the monthly unlock amount of SUI accounts for about 2.6% of the circulating supply and is decreasing.In addition, SUI is one of the few proof-of-stake chains with a fixed supply, unlike most other chains that have an inflation rate of 5% - 8%.

ChainCatcher news, Mantle's PR head Igneus Terrenus responded on his social platform regarding the unlocking of platform tokens exchanged between Bybit and FTX. He stated that Bybit has never had CEX tokens. BIT is the governance token of BitDAO. The BIT held by Alameda is restricted from being transferred to MNT. Currently, both parties are undergoing legal proceedings.

ChainCatcher news, Jupiter announced on social media that it has launched the open-source token unlocking tool Jupiter Lock, which is currently in the testing phase.It is reported that Jupiter Lock can unlock project tokens over time, and it has undergone two separate audits and is fully open-source. On the "Lock" page, users can browse all tokens along with their unlocking schedules, recipient details, and the intended use of the funds.

ChainCatcher news, Rooch Network, is a native application layer based on the Bitcoin ecosystem, focusing on empowering the Bitcoin ecosystem through a unique stackable L2 architecture and MoveVM, dedicated to achieving non-custodial native Bitcoin applications and BTC yield. The first developer bootcamp of Rooch successfully concluded in August, with a month-long course attracting 121 participants, of which 35 graduated successfully and shared a $100,000 ROOCH reward.During the bootcamp, an online mini hackathon gathered 9 innovative projects, covering various fields such as DeFi, GameFi, and developer tools. Ultimately, five projects, including PuzzleFi, Surge Wallet, and Rooch Anki, stood out, showcasing the limitless potential of the Rooch ecosystem. The official team will continue to support the growth of these projects.This event marks an important step for Rooch in building the application layer of the Bitcoin ecosystem, laying a solid foundation for future innovative development.

ChainCatcher message, the Polkadot network aims to significantly shorten the unlocking period of DO T tokens through the RFC 97 proposal. This proposal has been approved by the Fellowship after review and discussion, and its code or design has been merged into the main codebase.The new mechanism will change the originally fixed 28-day unlocking period to a flexible 2-28 days, with the specific duration dynamically adjusted based on the size of the unlocking request queue. When the queue is relatively idle, unlocking can be completed in as fast as 2 days; however, when the unlocking requests (measured by the amount staked) exceed a certain threshold, the unlocking period will be extended to 28 days. The proposal suggests implementing and testing this model on the Kusama network first to assess its effectiveness and stability before considering integration into the Polkadot mainnet.

ChainCatcher news, Token Unlocks data shows that next week, tokens such as APT, SAND, ARB, STRK are expected to have significant unlocks, including:Aptos (APT) will unlock approximately 11.31 million tokens at 8:00 AM Beijing time on August 12, accounting for 2.40% of the current circulation, valued at about 65 million USD.The Sandbox (SAND) will unlock approximately 205.6 million tokens at 4:00 PM Beijing time on August 14, accounting for 9% of the current circulation, valued at about 54.5 million USD.Arbitrum (ARB) will unlock approximately 92.65 million tokens at 9:00 PM Beijing time on August 16, accounting for 2.77% of the current circulation, valued at about 53.4 million USD.Starknet (STRK) will unlock approximately 64 million tokens at 8:00 AM Beijing time on August 15, accounting for 3.95% of the current circulation, valued at about 24.5 million USD.ApeCoin (APE) will unlock approximately 15.6 million tokens at 8:00 AM Beijing time on August 17, accounting for 2.31% of the current circulation, valued at about 9.6 million USD.CYBER (CYBER) will unlock approximately 1.99 million tokens at 8:00 PM Beijing time on August 14, accounting for 8.54% of the current circulation, valued at about 6 million USD.Ethena (ENA) will unlock approximately 14.89 million tokens at 3:00 PM Beijing time on August 18, accounting for 0.82% of the current circulation, valued at about 4.6 million USD.Render (RENDER) will unlock approximately 760,000 tokens at 8:00 AM Beijing time on August 15, accounting for 0.19% of the current circulation, valued at about 3.7 million USD.Astar (ASTR) will unlock approximately 9.72 million tokens at 8:00 AM Beijing time on August 17, accounting for 0.14% of the current circulation, valued at about 570,000 USD.Nym (NYM) will unlock approximately 2.84 million tokens at 8:00 AM Beijing time on August 16, accounting for 0.36% of the current circulation, valued at about 290,000 USD.Euler (EUL) will unlock approximately 47,400 tokens at 5:57 AM Beijing time on August 16, accounting for 0.25% of the current circulation, valued at about 210,000 USD.Forta (FORT) will unlock approximately 50,000 tokens at 8:00 AM Beijing time on August 18, accounting for 0.01% of the current circulation, valued at about 6,500 USD.

ChainCatcher news, according to the Snapshot governance page, Tally's Head of Market Operations Frisson has initiated a proposal vote in the Arbitrum community titled "Unlock Token Utility by Enabling ARB Staking," with voting ending on August 16.The proposal suggests unlocking ARB utility by enabling ARB staking and improving the governance and security of the Arbitrum protocol, but it will not temporarily open up fee distribution to token holders. By staking ARB, tokens will be delegated to users actively participating in governance, allowing token holders to capture value. The proposal also plans to implement a liquid staking ARB token (stARB) through the Tally protocol, which can automatically compound any future rewards and can be (re)staked, making it compatible with DeFi. Additionally, the proposal initiators state they will collaborate with the Arbitrum DAO to decide whether and how to fund rewards and distribute them between token holders and delegators.

ChainCatcher news, Perlone Capital partner Jin Kang tweeted this morning questioning the Starknet ecosystem DEX project ZKX, pointing out that it might be a scam.Kang highlighted three main issues: the team shut down the project just 6 weeks after the TGE due to "insufficient funds," suddenly changed the token unlock plan during the TGE, and the actual circulating tokens at the TGE exceeded the official documentation, leading to a price crash.He stated, "If this isn't a scam, then what is it?"