隨著既得代幣 5 月上市，加密貨幣暴利將達 31 億美元

價值超過 31 億美元的既定加密資產將於 5 月釋放，其中 Sui 和 Pyth Network 分別釋放了超過 10 億美元。歸屬是一種鼓勵專案奉獻的機制，限制早期投資者立即出售代幣。 Sui 將於 5 月 31 日向投資者和貢獻者釋放價值近 11.5 億美元的代幣，而 Pyth Network 將於 5 月 20 日釋放 11 億美元用於協議開發和獎勵。

Unlocking Crypto Billions: Vested Assets Set for Release in May

釋放數十億加密貨幣：既定資產將於五月釋放

A deluge of vested crypto assets, worth a staggering $3.1 billion, is poised to hit the market in May, as major blockchain projects including Sui and Pyth Network prepare to release billions of dollars worth of tokens. This vast influx of crypto assets, locked away to ensure long-term commitment to these projects, is expected to have a significant impact on the crypto ecosystem.

隨著包括 Sui 和 Pyth Network 在內的主要區塊鏈項目準備發行價值數十億美元的代幣，大量既得加密資產的價值高達 31 億美元，即將在 5 月上市。大量湧入的加密資產被鎖定以確保對這些項目的長期承諾，預計將對加密生態系統產生重大影響。

Unlocking the Value: Sui and Pyth Lead the Charge

釋放價值：Sui 和 Pyth 引領潮流

Sui, a highly anticipated layer-1 blockchain platform, emerges as the largest beneficiary of this vesting windfall. On May 31, the project will unlock nearly a billion tokens for its Series A and Series B investors, early contributors, the Mysten Labs treasury, and its community reserve. At the time of writing, these tokens hold an approximate value of $1.15 billion.

Sui是備受期待的第一層區塊鏈平台，成為這筆意外收穫的最大受益者。 5 月 31 日，該項目將為其 A 輪和 B 輪投資者、早期貢獻者、Mysten Labs 金庫及其社區儲備解鎖近 10 億枚代幣。截至撰寫本文時，這些代幣的價值約為 11.5 億美元。

Trailing closely behind Sui, market data platform Pyth Network is set to release the second-largest tranche of vested tokens in May. On May 20, the project plans to unlock over two billion tokens for protocol development, ecosystem growth, publisher rewards, and private sale investors. With Pyth Network's (PYTH) token hovering around $0.51, the unlocked tokens are estimated to be worth roughly $1.1 billion.

緊隨 Sui 之後，市場數據平台 Pyth Network 將於 5 月發布第二大批既得代幣。 5 月 20 日，該項目計劃解鎖超過 20 億枚代幣，用於協議開發、生態系統發展、發行商獎勵和私募投資者。由於 Pyth Network (PYTH) 代幣徘徊在 0.51 美元左右，解鎖的代幣估計價值約為 11 億美元。

A Wave of Token Releases

一波代幣發行浪潮

Beyond Sui and Pyth, an array of other crypto projects are poised to release substantial sums of vested tokens, contributing to the overall influx of liquidity.

除了 Sui 和 Pyth 之外，一系列其他加密項目也準備釋放大量既定代幣，從而促進整體流動性的湧入。

Avalanche (AVAX) will unlock 9.5 million APT tokens worth approximately $321 million on May 22, benefiting strategic partners, the foundation, the team, and airdrop participants.

Avalanche (AVAX) 將於 5 月 22 日解鎖 950 萬個 APT 代幣，價值約 3.21 億美元，戰略合作夥伴、基金會、團隊和空投參與者將受益。

Layer-2 blockchain network Arbitrum is set to release an additional $95 million in ARB tokens on May 16 for its team and investors. This follows the $2.3 billion in tokens released by Arbitrum in March 2023.

Layer-2 區塊鏈網路 Arbitrum 將於 5 月 16 日為其團隊和投資者額外發行 9,500 萬美元的 ARB 代幣。在此之前，Arbitrum 於 2023 年 3 月發行了價值 23 億美元的代幣。

Starknet will unlock $84 million in tokens for investors and early contributors on May 15, while Immutable will release $56 million in crypto tokens for ecosystem and project development on May 17.

Starknet 將於 5 月 15 日為投資者和早期貢獻者釋放 8,400 萬美元的代幣，而 Immutable 將於 5 月 17 日為生態系統和專案開發釋放 5,600 萬美元的加密代幣。

Layer-2 scaling solution Optimism is also set to unlock 24.1 million OP tokens on May 29, worth approximately $70 million at current market prices. This follows the $587 million in OP tokens released by Optimism in May 2023 for early contributors and investors.

Layer-2 擴充解決方案 Optimism 也將於 5 月 29 日解鎖 2,410 萬個 OP 代幣，以當前市場價格計算，價值約 7,000 萬美元。在此之前，Optimism 於 2023 年 5 月向早期貢獻者和投資者發行了 5.87 億美元的 OP 代幣。

Ensuring Long-Term Engagement

確保長期參與

The release of vested crypto assets plays a crucial role in ensuring the continued dedication of project teams and investors to the long-term success of these blockchain ventures. By locking tokens for a set period, projects prevent early investors or team members from hastily selling their tokens and abandoning the project.

既得加密資產的釋放對於確保專案團隊和投資者持續致力於這些區塊鏈企業的長期成功發揮著至關重要的作用。透過將代幣鎖定一段時間，專案可以防止早期投資者或團隊成員匆忙出售代幣並放棄專案。

This vesting mechanism aligns incentives and promotes ongoing commitment. It ensures that those involved in the development and growth of these projects remain invested in their success over the long haul.

這種歸屬機制可以協調激勵措施並促進持續的承諾。它確保參與這些項目的開發和成長的人員能夠長期投資於專案的成功。

Market Impact and Investor Caution

市場影響及投資者註意

The influx of $3.1 billion worth of vested crypto assets in May is expected to have a noticeable impact on the market. However, investors are advised to exercise caution and conduct thorough research before making any investment decisions. The value of crypto assets can fluctuate significantly, and it is essential to invest only what one can afford to lose.

5 月價值 31 億美元的既定加密資產湧入，預計將對市場產生顯著影響。然而，建議投資者在做出任何投資決定之前保持謹慎並進行徹底的研究。加密資產的價值可能會大幅波動，因此必須僅投資可以承受損失的部分。

The release of vested tokens provides a valuable opportunity for projects to distribute rewards to early supporters and contributors. However, it is also crucial for investors to consider the potential dilution of token value as a result of the increased supply.

既得代幣的釋放為專案提供了向早期支持者和貢獻者分配獎勵的寶貴機會。然而，投資者還必須考慮供應增加可能導致的代幣價值稀釋。

As the crypto ecosystem continues to mature, the practice of vesting crypto assets is likely to become increasingly common. This mechanism ensures the long-term alignment of interests, promotes ongoing development, and fosters a culture of commitment within the crypto community.

隨著加密生態系統的不斷成熟，歸屬加密資產的做法可能會變得越來越普遍。這種機制確保利益的長期一致，促進持續發展，並在加密社區內培養承諾文化。