Weekly Token Unlocks: BARD to Unlock 12% of Circulating Supply This Week

marsbitPublished on 2026-03-14Last updated on 2026-03-14

Abstract

This week's major token unlocks feature significant releases from three projects. Lombard (BARD) leads with an unlock of 32.4 million tokens (approx. $35.64M), representing about 12% of its circulating supply. The project is building an on-chain Bitcoin capital market. LayerZero (ZRO) will unlock 25.71 million tokens (approx. $50.9M) for its omnichain interoperability protocol. zkSync (ZK) has the largest volume unlock at 170 million tokens, though its value is lower at approximately $3.3M. All projects have provided their respective token release schedules.

Lombard

Project Twitter: https://x.com/Lombard_Finance

Project Website: https://www.lombard.finance/

This Unlock Amount: 32.4 million tokens

This Unlock Value: Approximately $35.64 million

Lombard is building an on-chain Bitcoin capital market, aiming to fully unleash the complete potential of this iconic contemporary asset. Lombard's relationship to BTC is analogous to Circle and Tether's relationship to stablecoins. Lombard is vertically integrating the Bitcoin DeFi stack, aiming to support all chains, applications, and developers in seamlessly integrating Bitcoin on-chain.

The specific release curve is as follows:

Layerzero

Project Twitter: https://x.com/LayerZero_Core

Project Website: https://layerzero.network/

This Unlock Amount: 25.71 million tokens

This Unlock Value: Approximately $50.9 million

LayerZero is an omnichain interoperability protocol designed for lightweight message passing across chains. LayerZero provides reliable and guaranteed message delivery with configurable trustlessness.

The specific release curve is as follows:

ZKsync

Project Twitter: https://x.com/zksync

Project Website: https://zksync.io/

This Unlock Amount: 170 million tokens

This Unlock Value: Approximately $3.3 million

zkSync is a Layer 2 scaling solution developed by Matter Labs, preserving the underlying blockchain's security properties by leveraging the latest generation of succinct zero-knowledge proofs. All funds in zkSync are held by smart contracts on the main chain, while computation and storage are executed off-chain.

The specific release curve is as follows:

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Related Questions

QWhat is the total number of BARD tokens being unlocked this week and what percentage of the circulating supply does it represent?

A32.4 million BARD tokens are being unlocked this week, representing 12% of the circulating supply.

QWhat is the primary goal of the Lombard project as described in the article?

ALombard is building an on-chain Bitcoin capital market, aiming to fully unlock the potential of Bitcoin. It is vertically integrating the Bitcoin DeFi stack to support all chains, applications, and developers in seamlessly integrating Bitcoin on-chain.

QHow many ZKsync tokens are scheduled to be unlocked this week and what is their approximate USD value?

A170 million ZKsync tokens are being unlocked this week, with an approximate value of $3.3 million.

QWhat type of protocol is LayerZero and what is its core function?

ALayerZero is an omnichain interoperability protocol designed for lightweight message passing across chains. It provides reliable and guaranteed message delivery with configurable trustlessness.

QWhich project has the highest USD value of tokens being unlocked this week according to the article?

ALayerZero has the highest USD value of tokens being unlocked this week, at approximately $50.9 million.

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Bitcoin Withdrawals Continue: 8 Years of Storage in a Coldcard Cold Wallet Ended in Zero

Coldcard Hardware Wallet Hacked: Losses Mount Due to Vulnerable Seed Generation A critical vulnerability in Coldcard hardware wallets has led to a continued wave of fund thefts. According to Galaxy Research, the total stolen has reached 1,367.05 BTC (approx. $88.6 million) from 4,585 addresses, a significant increase from the initial 594.5 BTC reported on July 30, 2026. Most of the stolen funds remain on the attackers' addresses. The issue is not with the current firmware, which Coinkite has updated, but with seed phrases generated on vulnerable devices between March 2021 and the release of fixed firmware versions. Due to a programmer error, devices switched from using a hardware random number generator to the software-based Yasmarang generator, which was initialized with publicly accessible data like the chip's serial number. This made the seed phrases predictable through offline brute-force attacks, meaning wallets remain at risk until funds are moved to a new wallet generated with the patched firmware. Affected devices include Mk2/Mk3 with firmware 4.0.1–4.1.9 (and up to 5.0.3), Mk4/Mk5 up to version 5.6.0, and Q models up to 1.5.0Q. The only exceptions are seeds created with a high-entropy method like at least 50 independent dice rolls or a strong unique BIP-39 passphrase. All other owners must generate a new seed on the fixed firmware and transfer their assets. A case highlighting the human impact involves a 39-year-old long-term investor who lost 2 BTC (approx. $130,000) in minutes. He had accumulated the Bitcoin over eight years through physical labor, viewing it as a financial lifeline and a retirement plan in a country suffering from hyperinflation. His story underscores that even conservative "buy and hold in cold storage" strategies can be compromised by such underlying technical flaws. From a technical perspective, this incident echoes historical failures where weak random number generators undermined cryptographic security, challenging the assumption that offline storage is automatically foolproof.

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4.7k Total ViewsPublished 2025.09.18Updated 2026.06.02

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