本周代币解锁：Taiko (TAIKO)、Immutable (IMX) 和 Mode (MODE) 准备释放大部分流通供应

代币解锁涉及释放之前根据筹款条款被阻止的代币。项目会仔细安排这些发布，以避免市场压力并防止代币价格下跌。

Three major token unlocks to watch next week

下周值得关注的三大代币解锁

DeFi tokenomics often include scheduled periods where a portion of previously locked tokens are released. These unlocks can have a significant impact on an asset’s price dynamics, especially in the short term.

DeFi 代币经济学通常包括释放部分先前锁定的代币的预定时期。这些解锁可能会对资产的价格动态产生重大影响，尤其是在短期内。

Projects typically try to carefully schedule these releases to avoid putting excessive pressure on the market and preventing a drop in token prices. However, factors like a lack of liquidity or early investors cashing out can still influence the market in a way that’s not fully anticipated.

项目通常会尝试仔细安排这些发布，以避免对市场造成过度压力并防止代币价格下跌。然而，缺乏流动性或早期投资者套现等因素仍然可能以一种未完全预期的方式影响市场。

Here are three major unlocks to watch next week.

以下是下周值得关注的三个主要解锁内容。

Taiko (TAIKO)

申请（申请）

Taiko is a decentralized Layer-2 scaling solution for Ethereum that leverages ZK-Rollup technology. The protocol operates in a permissionless manner, allowing community members to participate in network operations and earn rewards for their contributions.

Taiko 是以太坊的去中心化第 2 层扩展解决方案，利用 ZK-Rollup 技术。该协议以无需许可的方式运行，允许社区成员参与网络运营并为其贡献获得奖励。

On September 5, Taiko will unlock a substantial portion of its TAIKO tokens, representing 19% of the current circulating supply. The project will distribute the newly released tokens to participants in the Trailblazer program, which launched in March 2023.

9 月 5 日，Taiko 将解锁大部分 TAIKO 代币，占当前流通供应量的 19%。该项目将向 2023 年 3 月启动的 Trailblazer 计划的参与者分发新发行的代币。

Participants in this program were able to purchase TAIKO tokens at a discounted rate during the network’s early development stages and helped to spread the word about the project within the crypto community. Now, their efforts will be rewarded with a significant batch of tokens.

该计划的参与者能够在网络的早期开发阶段以折扣价购买 TAIKO 代币，并帮助在加密社区内传播有关该项目的信息。现在，他们的努力将获得大量代币作为回报。

Immutable (IMX)

不可变 (IMX)

Immutable is a Layer-2 solution for scaling NFTs on the Ethereum blockchain. In September 2021, the project raised $12.emp during the IMX token sale on the CoinList platform in just one hour. In March 2022, it closed a $60 million investment round and secured an additional $200 million from investors, including ParaFi Capital, Declaration Partners, and Tencent Holdings.

Immutable 是用于在以太坊区块链上扩展 NFT 的第 2 层解决方案。 2021 年 9 月，该项目在 CoinList 平台上进行 IMX 代币销售期间，仅一小时就筹集了 12.emp 美元。 2022年3月，它完成了一轮6000万美元的投资，并从ParaFi Capital、Declaration Partners和腾讯控股等投资者那里获得了额外的2亿美元。

On September 6, the circulating supply of IMX will increase by 32.47 million tokens. These newly unlocked coins will be allocated to the development of the project and the broader Immutable ecosystem.

9月6日，IMX的流通量将增加3247万枚代币。这些新解锁的代币将分配给项目的开发和更广泛的 Immutable 生态系统。

Mode (MODE)

模式（模式）

Mode Network is a modular Layer-2 network for DeFi, built on Optimism’s Bedrock upgrade. The network features a unique contract revenue-sharing incentive at the protocol level, where both DApps and users that contribute to the Mode blockchain receive a portion of the network sequencer’s profits.

Mode Network 是一个面向 DeFi 的模块化第 2 层网络，基于 Optimism 的 Bedrock 升级而构建。该网络在协议层面具有独特的合约收入共享激励，其中为 Mode 区块链做出贡献的 DApp 和用户都将获得网络排序器利润的一部分。

This current unlocking event involves 500 million tokens, nearly 40% of the circulating supply. Despite this, no additional unlocks are scheduled for more than six months. However, the community remains skeptical about this tokenomics design.

本次解锁活动涉及5亿枚代币，占流通量的近40%。尽管如此，在六个月以上的时间内没有安排任何额外的解锁。然而，社区仍然对这种代币经济设计持怀疑态度。

“For the coming week, there are 4 unlocks at more than 2% but we will especially have to watch $TAIKO which will unlock 19% of its supply on September 5 and $MODE on September 6 which will unlock 38.46% of its supply. Super tokenomics,” one X user commented.

“未来一周，有 4 个解锁量超过 2%，但我们尤其要关注 $TAIKO，它将在 9 月 5 日解锁其供应量的 19%，而 $MODE 将在 9 月 6 日解锁其供应量的 38.46%。超级代币经济。”一位 X 用户评论道。

Other next-week cliff unlocks include dYdX (DYDX), Liquity (LQTY), Hashflow (HFT), and Ethena (ENA), with a total value exceeding $77 million. Although many consider unlocks bearish, a well-planned schedule can strengthen a project’s long-term viability. Aligned with milestones and development progress, unlocks will motivate team members, boost community engagement, and promote ecosystem growth.

下周解锁的其他悬崖包括 dYdX (DYDX)、Liquity (LQTY)、Hashflow (HFT) 和 Ethena (ENA)，总价值超过 7700 万美元。尽管许多人认为解锁看跌，但精心计划的时间表可以增强项目的长期生存能力。与里程碑和开发进度保持一致，解锁将激励团队成员、提高社区参与度并促进生态系统发展。