Encrypted KOL: APE tokens unlocked on May 17 will mainly flow in

News on May 15th, according to encryption KOL Bonzo revealed on social media, the APE tokens worth 52 million US dollars (15 million pieces) to be unlocked on May 17th will mainly flow into the ApeCoin DAO treasury, Yuga Labs, and "boring ape" The founder of the BAYC project, so it is not expected to bring a lot of selling pressure to the market. In addition, the number of APE staking distribution will be reduced from 30 million to 20 million on June 13, which means that the APE staking pool will lose 10 million pledged tokens, and the reduction in staking distribution may cause APR (annual return on investment ), and the data shows that nearly 60% of Bored Apes have been pledged, which shows that the community participation is very high.