随着既得代币 5 月份上市，加密货币暴利将达 31 亿美元

价值超过 31 亿美元的既定加密资产将于 5 月释放，其中 Sui 和 Pyth Network 分别释放了超过 10 亿美元。归属是一种鼓励项目奉献的机制，限制早期投资者立即出售代币。 Sui 将于 5 月 31 日向投资者和贡献者释放价值近 11.5 亿美元的代币，而 Pyth Network 将于 5 月 20 日释放 11 亿美元用于协议开发和奖励。

Unlocking Crypto Billions: Vested Assets Set for Release in May

释放数十亿加密货币：既定资产将于五月释放

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.

随着包括 Sui 和 Pyth Network 在内的主要区块链项目准备发行价值数十亿美元的代币，大量既得加密资产的价值高达 31 亿美元，即将在 5 月上市。大量涌入的加密资产被锁定以确保对这些项目的长期承诺，预计将对加密生态系统产生重大影响。

Unlocking the Value: Sui and Pyth Lead the Charge

释放价值：Sui 和 Pyth 引领潮流

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是备受期待的第一层区块链平台，成为这笔意外收获的最大受益者。 5 月 31 日，该项目将为其 A 轮和 B 轮投资者、早期贡献者、Mysten Labs 金库及其社区储备解锁近 10 亿枚代币。截至撰写本文时，这些代币的价值约为 11.5 亿美元。

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.

紧随 Sui 之后，市场数据平台 Pyth Network 将于 5 月发布第二大批既得代币。 5 月 20 日，该项目计划解锁超过 20 亿枚代币，用于协议开发、生态系统发展、发行商奖励和私募投资者。由于 Pyth Network (PYTH) 代币徘徊在 0.51 美元左右，解锁的代币估计价值约为 11 亿美元。

A Wave of Token Releases

一波代币发行浪潮

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，一系列其他加密项目也准备释放大量既定代币，从而促进整体流动性的涌入。

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) 将于 5 月 22 日解锁 950 万个 APT 代币，价值约 3.21 亿美元，战略合作伙伴、基金会、团队和空投参与者将受益。

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 区块链网络 Arbitrum 将于 5 月 16 日为其团队和投资者额外发行 9500 万美元的 ARB 代币。此前，Arbitrum 于 2023 年 3 月发行了价值 23 亿美元的代币。

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 将于 5 月 15 日为投资者和早期贡献者释放 8400 万美元的代币，而 Immutable 将于 5 月 17 日为生态系统和项目开发释放 5600 万美元的加密代币。

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 扩展解决方案 Optimism 还将于 5 月 29 日解锁 2410 万个 OP 代币，按当前市场价格计算，价值约 7000 万美元。在此之前，Optimism 于 2023 年 5 月向早期贡献者和投资者发行了 5.87 亿美元的 OP 代币。

Ensuring Long-Term Engagement

确保长期参与

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.

既得加密资产的释放对于确保项目团队和投资者持续致力于这些区块链企业的长期成功发挥着至关重要的作用。通过将代币锁定一段时间，项目可以防止早期投资者或团队成员匆忙出售代币并放弃项目。

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.

这种归属机制可以协调激励措施并促进持续的承诺。它确保参与这些项目的开发和增长的人员能够长期投资于项目的成功。

Market Impact and Investor Caution

市场影响及投资者注意

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 月份价值 31 亿美元的既定加密资产涌入，预计将对市场产生显着影响。然而，建议投资者在做出任何投资决定之前保持谨慎并进行彻底的研究。加密资产的价值可能会大幅波动，因此必须仅投资可以承受损失的部分。

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.

既得代币的释放为项目提供了向早期支持者和贡献者分配奖励的宝贵机会。然而，投资者还必须考虑供应增加可能导致的代币价值稀释。

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.

随着加密生态系统的不断成熟，归属加密资产的做法可能会变得越来越普遍。这种机制确保利益的长期一致，促进持续发展，并在加密社区内培育承诺文化。