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TRX $0.3287 +0.94%
DOGE $0.0707 +0.04%
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BCH $219.49 +3.73%
LINK $8.49 +1.22%
HYPE $54.74 -0.46%
AAVE $99.71 -0.46%
SUI $0.7047 +1.76%
XLM $0.1724 -0.46%
ZEC $472.59 +0.53%

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

2025-05-20 19:08:34
Collection

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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