Crypto projects Avalanche, Lido and Yield Guild Games are set for significant token unlocks this week — releasing more than a combined $120 million worth of tokens into circulating supply.

YGG, the token for blockchain gaming DAO Yield Guild Games, sees the largest unlock, according to Token Unlocks. Yield Guild Games releases 12.22 million YGG tokens on Aug. 27 — 6.6% of its circulating supply, worth $2.87 million. The majority ($1.73 million) of the unlocks will go to founders and investors, with $457,000 going to the project’s treasury and $684,000 to its community.

Yield Guild Games released a similar amount — 13 million YGG — in July. Following that unlock, the price of YGG surged over 300% from $0.18 to $0.75 before falling back to $0.24, according to CoinGecko data.

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