The conference starts in Hong Kong, Flare is holding an airdrop, EigenLayer is accepting applications for tokens – we’ll talk about the main events of this week.
Token unlocks – from May 7
The beginning of the week again pleases investors with a new portion of major unlocks, which the community always awaits with great interest.
The most notable will be the unlocking of more than 13.5 million Hashflow Tokens (HFT).
Bitcoin Asia Conference – May 9-10
The event will take place on Thursday and Friday this week in Hong Kong. About it reported on the official conference website.
Such well-known representatives of the crypto industry as Casey Rodarmore, the creator of the acclaimed Runes protocol, will speak at Bitcoin Asia. Other speakers include Han Tongli from Harvest Global Investment Limited and Elizabeth Stark from Lightning Labs.
During the conference, the community is expected to learn about new developments and ideas in the industry. It is noteworthy that the event will take place against the backdrop of the debut of spot ETFs for Bitcoin and Ethereum in Hong Kong.
Flare token airdrop – May 10
On Friday, Flare will hold the next round of airdrop for its FLR tokens. The project team announced about this on the official X-account (formerly Twitter).
Those users who have blocked FLR for staking or hold the wrapped version of the coin, WFLR, will be able to claim tokens.
Tokens will be distributed in portions – once every 30 days. According to the plan, it will end on January 30, 2026. At the same time, airdrops started on March 17, 2023.
EigenLayer will begin accepting applications for tokens on May 10
Starting this Friday, users will be able to claim EigenLayer coins. The project team reports this in official blog.
Applications will be accepted for a further 120 days from this date. The developers recommend that restakers check their compliance with the requirements to apply for this web page.
Moreover, the snapshot took place on March 15 of this year.
All this is happening as part of the first season of EigenLayer's airdrop called stakedrop. However, the drop has already faced a wave of criticism from the crypto community – users were outraged by the conditions for distributing tokens.
EigenLayer is a re-staking protocol that is gaining popularity. Its mainnet was officially launched on April 10th.
conclusions
This week we are expecting several important events: token unlocks, an important conference, token airdrop and the start of accepting applications for new coins. All of them are capable of influencing the sentiment of the crypto market.
Source: Cryptocurrency
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