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April 29 - May 5 Weekly Preview | Key Events and Financial Highlights in Web3

April 29 - May 5 Weekly Preview | Key Events and Financial Highlights in Web3

Bitget2024/04/29 00:25

April 29th
1. Optimism will unlock 24.16 million OP on April 29, valued at approximately $63.54 million, accounting for 2.31% of the circulating supply.

April 30th
1. NFT lending protocol NFTfi plans to open token claims at the end of April, with NFTFI being a native ERC-20 token and a total supply of 2 billion tokens; it is expected that the initial circulation will be 220 million.
2. Solana's ecosystem liquidity management protocol Kamino will launch its KMNO token on April 30, with a total volume of 10 billion tokens: community and donation allocation accounts for 35%, liquidity and treasury allocation accounts for10%, core contributors get allocated by20%, main advisors are allocated by35%; initial circulation is set to be one billion tokens.

May 1st
1.dydx will unlock about33.33 million DYDX on May1st , worth around $70.67million , representing about10 .72%of circulating supply .
2.Rollbit's RLB token on Solana was destroyed on May1st . Users holding RLB tokens in Solana needed to migrate to Ethereum before May1st as all RLB tokens on the Solana chain were destroyed after this date .

May2nd 
1.Ethena will unlock53 .6million ENA coins worth approximately$45 .37million , which represents3 .76%of circulating supply .
2.The ApeCoin DAO community proposal vote supported by APE Tokens for an "NFT Launchpad" endedon May2nd . The proposal stated that its primary goal was to establish an NFT Launchpad using APE Tokens minted onto the ERC-20 network providing creators with a platform for minting , displaying and trading NFTs.This initiative aims to supportthe Apecoin ecosystem through promoting creationand trading of NFTs , thereby increasing the utility and adoption rate of APE as a token .

May3rd 
1.Memecoin will unlock53 .1billion MEME coins worth approximately$141million on May3rd , representing31 .94%of circulating supply .

May5th 
1.The Avail token airdrop verification date continues until May5th . The Avail token airdrop plan intends to distribute600 million AVAIL tokens across354,605 wallet addresses .
Note: All times are in UTC+8

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