May 20th - May 26th | Web3 Key Events and Financial Focus Preview
May 20th
Pyth Network will unlock 2.13 billion PYTH, accounting for 141.67% of the circulation, worth about $812 million.
May 21st
Dragon8 hard fork of Chiliz Chain. This hard fork will introduce new developer tools and fully implement the previously announced Chiliz Chain Tokenomics 2.0, with CHZ's annual inflation rate decreasing year by year from 8.8%, until it drops to 1.88% after 14 years and remains unchanged in each subsequent year. At the same time, Chiliz Chain will implement EIP-1559, where most accrued Gas will be burned.
May 22nd
Avalanche will unlock approximately 9.54 million AVAX, accounting for about 2.49% of the circulation volume and valued at around $340 million.
SPACE ID is set to unlock approximately18 .49 million ID tokens which represent about a4 .29% share of circulating supply and are estimated to be worth around $14 .26 million.
May23rd
The U.S Securities Exchange Commission (SEC) is expected to decide on whether or not they'll approve VanEck's application for an Ethereum ETF.
At20 :30 , data regarding initial jobless claims in America as recorded on May18 th is due to be released.
1inch plans on unlocking roughly21 ,430 tokens (1INCH), which are estimated to have a value close to$8520 .
May24th
The SEC is scheduled make its decision concerning ArkInvest/21 Shares' application for an Ethereum ETF.
The SEC has postponed its decision regarding ARK’s Ether-based ETF till May24 th .
May25th
Acala intends on unlocking approximately4 .66million ACA tokens that account for roughly0 .48 %of total circulating supply; these coins are believed have a combined value near$507 ,000 .
May26th
Oasis Network is set to unlock about171 million ROSE tokens, which represent approximately2 .54% of the total circulating supply and are estimated to be worth around$14 .8million.
Note: All times are in UTC+8.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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