下周必关注｜美伊有望恢复谈判；鲍威尔美联储主席任期届满（5.11-5.17）
Key Events Next Week
May 11
Circle to Release Q1 2026 Earnings on May 11;
May 12
US to Release April CPI Data on May 12;
May 14
US Senate Banking Committee to Hold CLARITY Act Voting Hearing on May 14;
May 15
Powell's Term as Fed Chair Ends May 15, but Has Stated He Will Remain as a Governor;
Binance USD1 Holding Subsidy Campaign Extended to May 15;
Others (Date TBD)
A preview of more noteworthy industry events from May 11 to May 17 is as follows.
May 11
Circle to Release Q1 2026 Earnings on May 11
Odaily reports that Circle will release its Q1 2026 earnings on May 11, with an earnings conference call scheduled for 8:00 PM that evening.
May 12
US to Release April CPI Data on May 12
Odaily reports that at 8:30 PM Beijing time on May 12, the US will release the April CPI data.
Ronin to Migrate to Ethereum Layer 2 on May 12, RON Inflation Rate to Drop Below 1%
Odaily reports that the gaming public chain Ronin has announced it will migrate to an Ethereum Layer 2 on May 12. The underlying technology will use the OP Stack and integrate EigenDA as the data availability layer. On-chain operations are expected to be paused for approximately 10 hours during the migration. The team recommends users unstake their RON in advance or let the system handle it automatically after the migration is complete.
Following this upgrade, the annual inflation rate of RON will drop from over 20% to below 1%. Additionally, the treasury will gain new revenue sources from staking rewards, Sequencer net profits, and Marketplace fees. Furthermore, Ronin has introduced a "Proof of Allocation" incentive mechanism based on a "Builder Score" to distribute RON rewards to ecosystem builders on a monthly basis.
May 13
Ethereum Foundation EPF7 Opens Applications, Deadline is May 13
Odaily reports that the Ethereum Foundation has announced the opening of applications for the Ethereum Protocol Fellowship Cohort 7 (EPF7), with a deadline of May 13.
This program aims to cultivate engineers capable of participating in the development of the Ethereum core protocol. It focuses on the network's core attributes, including censorship resistance, open-source nature, privacy, and security, covering areas such as client implementation, protocol specifications, testing, and cutting-edge research.
Base's Independent Network Upgrade "Base Azul" Set to Launch on Mainnet on May 13
Odaily reports that Base has announced its independent network upgrade, "Base Azul," will launch on the mainnet on May 13, 2026. Azul has already been deployed on the testnet and aims to enhance security, performance, and the developer experience. Key updates include:
1. Activating a multi-proof system (combining TEE and ZK proofs) to advance Stage 2 decentralization, enabling withdrawals within as little as a day.
2. Consolidating into a single high-performance client stack (base-reth-node and base-consensus), reducing the number of empty blocks from approximately 200 per day to about 2, while sustaining burst throughput of 5000 TPS.
3. Aligning with the Ethereum Osaka execution layer specification.
May 14
US Senate Banking Committee to Hold CLARITY Act Voting Hearing on May 14
Odaily reports that the US Senate Banking Committee has announced it will hold a voting hearing for the 2025 Digital Asset Market Transparency Act (Clarity Act) at 10:30 AM on May 14. The bill had been stalled due to controversies over clauses related to stablecoin yield. Recently, Senators Tom Tillis and Angela Alsobrooks reached a compromise, proposing to ban yield on static stablecoin reserves but allow rewards on actively used stablecoins.
Although industry groups like the American Bankers Association have expressed concerns and suggested amendments to the text, the committee's schedule indicates the legislative process will continue. Additionally, Senator Kirsten Gillibrand has suggested adding an ethics clause to the bill, prohibiting senior government officials from profiting from the crypto industry while regulating it.
Solana Ecosystem DeFi Protocol Carrot to Shut Down; May 14 Deadline for Withdrawing Remaining Funds
Odaily reports that Carrot, a DeFi protocol on the Solana ecosystem, has announced it will shut down. Its continued operations were severely impacted by the Drift exploit incident.
May 14 is the deadline for withdrawing remaining funds from Boost, Turbo, and CRT. After this, the system will begin deleveraging, reducing all leverage to zero to release all liquidity for CRT redemptions.
May 15
Powell's Term as Fed Chair Ends May 15, but Has Stated He Will Remain as a Governor
Odaily reports that Powell's term as Chair of the Federal Reserve ends on May 15, but he stated last week that he will continue to serve as a Fed Governor until 2028.
Fed Governor Ben Miller told the media on Friday that he hopes Powell's continued service "is just a transition period, not a sign of anything more sinister."
Meanwhile, the confirmation of Warsh as the next Fed Chair is pending a Senate vote.
Binance USD1 Holding Subsidy Campaign Extended to May 15, Added $15 Million WLFI Token Prize Pool
Odaily reports that Binance has stated on X that the USD1 holding prize pool campaign has been extended to 8:00 AM Beijing time on May 15. Eligible USD1 holders will share a prize pool of $15 million worth of WLFI tokens, with rewards still distributed every Friday.
Dmail Network to Gradually Shut Down Starting May 15; Users Must Export Emails Beforehand
Odaily reports that, according to an official announcement, the decentralized email project Dmail Network will gradually cease all services starting May 15, 2026. Users must export their email content and apply for account deletion before this date, after which all data will be permanently deleted. Dmail cited high costs of decentralized infrastructure, a failure to establish a viable monetization path, a lack of real-world use cases for its token, and core team member attrition as factors preventing the project from achieving healthy, sustainable operations.
May 16
US Treasury Secretary Bessent: Confirmation of Fed Chair Nominee Warsh Before May 16 Not Yet Certain
Odaily reports that US Treasury Secretary Bessent stated it is uncertain whether Fed Chair nominee Warsh will be confirmed before May 16. (Jin Shi)
May 17
None for now.
Others (Date TBD)
Odaily reports that, according to the Wall Street Journal, sources indicate that Iran and the US, through mediators, are working to finalize a one-page Memorandum of Understanding containing 14 points. This would establish a framework for a one-month negotiation aimed at ending the war. These discussion points will form the core of the next round of talks, which could resume as early as next week in Islamabad. Sources also noted that Iran has expressed willingness to discuss its nuclear program, a softening of its previous stance. Unresolved issues, including the duration of a potential suspension of Iran's uranium enrichment activities, whether highly enriched uranium would be moved out of the country, and Iran's insistence on retaining a permanent supervisory role in the Strait of Hormuz, are expected to complicate final negotiations. Furthermore, the timing and scope of sanctions relief could also be obstacles. Sources said that if talks progress, this one-month period could be extended by mutual agreement. An Iranian Foreign Ministry spokesperson stated that Iran is reviewing the US proposal and, upon completing its assessment, will convey its position to the US through Pakistani mediation. (Jin Shi)
