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ETH $2,289.09 -1.57%
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TRX $0.3242 +0.19%
DOGE $0.1002 +2.08%
ADA $0.2477 -0.34%
BCH $447.91 -0.27%
LINK $9.27 -0.75%
HYPE $41.17 -3.33%
AAVE $97.58 +1.12%
SUI $0.9325 -0.30%
XLM $0.1649 -2.75%
ZEC $338.84 -3.70%

Bio Protocol proposed to postpone and linearly unlock the team and advisor tokens

2025-05-20 19:08:34
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ChainCatcher news, Bio Protocol posted on social media, initiating the BIOPSY proposal: reallocation of team and advisor tokens. The proposal aims to update the upcoming unlocking of BIO team and advisor tokens:

  • The team and advisor tokens are currently set to have a 6-year vesting period, including a 1-year lock-up period, accounting for 4.23% of the total supply, originally scheduled to unlock on May 28, 2025.
  • It is proposed to postpone the unlocking originally scheduled for May 28, 2025, by 6 months, to start unlocking in November 2025.
  • The unlocking method will no longer be a one-time release, but will instead be linearly unlocked over 6 months from November 2025 to May 2026.
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