隨著項目釋放大量供應，數十億加密代幣將湧入市場

TokenUnlocks 的數據顯示，本月有 19 個重要的加密貨幣項目打算發行價值超過 1,000 萬美元的代幣。這種做法在透過投資者獲得資金的協議中很常見，部分代幣會受到鎖定期的影響，在此期間無法出售或清算。在這些項目中，Pyth Network (PYTH) 和 Aevo (AEVO) 預計將解鎖價值 36.6 億美元的代幣。

Cryptocurrency Projects Poised to Release Billions of Dollars Worth of Tokens

加密貨幣項目準備發行價值數十億美元的代幣

Data compiled by TokenUnlocks, a blockchain analytics platform, reveals that a significant number of cryptocurrency projects are planning to release substantial amounts of tokens into circulation this month.

區塊鏈分析平台 TokenUnlocks 彙編的數據顯示，大量加密貨幣專案計劃本月釋放大量代幣進入流通。

Token Unlock Schedules

令牌解鎖時間表

In the cryptocurrency industry, projects often opt to withhold a portion of their maximum token supply from the open market. This is a common practice among protocols that secure funding from venture capitalists and independent investors.

在加密貨幣產業，專案通常選擇從公開市場扣留部分最大代幣供應量。這是從風險資本家和獨立投資者那裡獲得資金的協議中的常見做法。

To manage the distribution of these tokens, projects typically implement a vesting schedule, also known as a lock-up period. During this period, investors and contributors are prohibited from liquidating or selling their tokens on exchanges. However, some protocols allow for staking and yield generation on vested tokens.

為了管理這些代幣的分配，專案通常會實施歸屬計劃，也稱為鎖定期。在此期間，投資者和貢獻者不得在交易所清算或出售其代幣。然而，一些協議允許對既定代幣進行質押和收益生成。

Major Crypto Unlocks

主要加密貨幣解鎖

Among the 19 projects scheduled to unlock tokens this month, two stand out due to the magnitude of their releases.

在本月計劃解鎖代幣的 19 個項目中，有兩個項目因其釋放規模而脫穎而出。

Pyth Network (PYTH)

Python 網路 (PYTH)

Pyth Network, a provider of oracle services, is set to release approximately 2.13 billion PYTH tokens. This represents a substantial increase in the current circulating supply, which is estimated to be worth $1.2 billion. Despite the sizeable unlock, the tradable PYTH tokens will remain a fraction of the protocol's total supply of nearly 10 billion.

預言機服務提供商 Pyth Network 將發行約 21.3 億個 PYTH 代幣。這意味著當前流通供應量大幅增加，估計價值 12 億美元。儘管解鎖量相當大，但可交易的 PYTH 代幣仍僅佔該協議近 100 億枚總供應量的一小部分。

Aevo (AEVO)

埃沃

Over 827 million AEVO tokens will become available within the next 10 days. This release will increase the protocol's circulating supply by more than sevenfold. Aevo provides options and perpetual trading facilities on its decentralized exchange. While AEVO has a maximum supply of one billion, only 110 million tokens are currently in circulation. The upcoming unlock has a market value exceeding $1.2 billion.

未來 10 天內將提供超過 8.27 億個 AEVO 代幣。此次發布將使該協議的流通供應量增加七倍以上。 Aevo 在其去中心化交易所提供選擇權和永續交易設施。雖然 AEVO 的最大供應量為 10 億，但目前流通的代幣僅為 1.1 億。即將解鎖的市值超過12億美元。

Implications of Token Unlocks

代幣解鎖的影響

The release of significant amounts of tokens can impact the market dynamics of the respective cryptocurrencies. Investors should carefully consider the potential effects on token price and volatility before making investment decisions. It is important to note that the timing and execution of token unlocks can vary, and projects may adjust their schedules or release strategies based on market conditions.

大量代幣的發行可能會影響相應加密貨幣的市場動態。投資者在做出投資決定之前應仔細考慮對代幣價格和波動性的潛在影響。需要注意的是，代幣解鎖的時間和執行可能會有所不同，項目可能會根據市場情況調整其時間表或釋放策略。