Sui Network（SUI Coin）即將解鎖價值約 3 億美元的代幣

這將導致 Sui 代幣經濟和 SUI 的流通供應增加。此外，此舉是每月解鎖計劃的一部分，該計劃會稀釋投資者的股權

Crypto analytic platform Tokenomist tracks and reports on Sui (SUI Coin) cliff-unlock events. For instance, on December 1, Sui’s largest unlock event to date occurred. This was also driven by SUI’s continued price appreciation. In this event, Sui released 64.19 million tokens valued at $224 million. If SUI trades close to its current level, this phenomenon will be repeated on the first day of 2025. Notably, the usual 64.19 million SUI Coin unlock is now nominally valued at $274.11 million. This would artificially inflate Sui’s circulating supply and market capitalization by 2.19% after the token unlock.

加密分析平台 Tokenomist 追蹤並報告 Sui（SUI Coin）懸崖解鎖事件。例如，12月1日，隋發生了迄今為止最大規模的解鎖事件。這也是SUI價格持續上漲的推動因素。在本次活動中，Sui 發行了 6,419 萬枚代幣，價值 2.24 億美元。如果 SUI 的交易價格接近當前水平，這種現象將在 2025 年的第一天重演。這將在代幣解鎖後人為地將 Sui 的流通供應量和市值增加 2.19%。

To be precise, there are still 1.85 billion SUI locked in contracts that have been vested with a planned unlock. Over 5.22 billion SUI coins are yet to be scheduled for an unlock, categorised as ‘TBD locked’ by Tokenomist.

準確來說，已計劃解鎖的合約中仍有18.5億SUI被鎖定。超過 52.2 億個 SUI 代幣尚未安排解鎖，被 Tokenomist 歸類為「TBD 鎖定」。

Around $600 million in token unlocks next week

下週將解鎖約 6 億美元的代幣

Tokenomist’s ‘Cliff Unlocks’ data also shows that 43 altcoin projects will unlock $581.95 million worth of tokens in the next seven days. Other projects with significant unlocks include Optimism (OP) and ImmutableX (IMX) with $60.80 million and $36.04 million, respectively. However, SUI Coin accounts for roughly half of all cliff-unlocks for the upcoming week. In other words, it has the largest share in these events.

Tokenomist 的「Cliff Unlocks」數據還顯示，43 個山寨幣項目將在未來 7 天內解鎖價值 5.8195 億美元的代幣。其他獲得重大解鎖的項目包括 Optimism (OP) 和 ImmutableX (IMX)，分別獲得 6,080 萬美元和 3,604 萬美元。然而，SUI 幣約佔未來一周所有懸崖解鎖的一半。換句話說，它在這些事件中所佔的份額最大。

SUI Coin tokenomics and market impact explained by Barbosa

Barbosa 解釋 SUI Coin 代幣經濟學和市場影響

According to Barbosa’s analysis, Series A and B investors in Sui will receive the highest proceeds, each getting over 19 million SUI, which is 61% of the total. Mysten Labs will get the remaining 25.03 million. The project allocated 12.63 million for the community, early contributors got 10.34 million and 2.07 million were allocated to the treasury. Sui Network has so far unlocked 29% of the maximum 10 billion SUI Coin supply. At $4.27 per token, Sui has a fully diluted value (FDV) of $42.70 billion, which is close to the circulating market capitalization of Circle’s USDC.

根據Barbosa分析，Sui的A輪和B輪投資者將獲得最高收益，每人獲得超過1,900萬SUI，佔總數的61%。 Mysten Labs 將獲得剩餘的 2503 萬枚。該計畫向社區撥款1263萬，早期貢獻者獲得1034萬，向國庫撥款207萬。 Sui Network 迄今已解鎖 SUI Coin 最大供應量 100 億的 29%。以每個代幣 4.27 美元計算，Sui 的完全稀釋價值（FDV）為 427 億美元，接近 Circle 的 USDC 的流通市值。

As you have been following from Kriptokoin.com, every time the network unlocks more tokens, it increases the potential selling pressure and also artificially inflates the market value. According to the laws of economics, an increased supply needs a similar or better increase in demand to sustain its prices. Hence, Sui’s largest cliff-unlock event to date poses an immediate threat to SUI Coin investors, diluting the value of their holdings. Meanwhile, Sui allows Mysten Labs and Series A/B investors to stake their locked tokens, a unique tokenomics feature. These positions earn asymmetric liquid rewards compared to other staking investors.

正如您從 Kriptokoin.com 所關注的那樣，每當網路解鎖更多代幣時，就會增加潛在的拋售壓力，並人為地抬高市場價值。根據經濟規律，供應增加需要類似或更好的需求增加才能維持其價格。因此，Sui 迄今為止最大的懸崖解鎖事件對 SUI Coin 投資者構成了直接威脅，稀釋了他們所持資產的價值。同時，Sui 允許 Mysten Labs 和 A/B 系列投資者抵押他們的鎖定代幣，這是一種獨特的代幣經濟學功能。與其他質押投資者相比，這些部位獲得了不對稱的流動性報酬。