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Bio Protocol has initiated a proposal to delay and linearly unlock team and advisor tokens.
2025-05-20 19:04
BlockBeats News, May 20th, Bio Protocol announced on social media the initiation of the BIOPSY proposal: Team and Advisor Token Reallocation. The proposal aims to update the upcoming BIO team and advisor token unlock:
· The team and advisor tokens are currently set with a 6-year vesting period, including a 1-year cliff, amounting to 4.23% of the total supply, originally scheduled to unlock on May 28, 2025.
· The proposal suggests postponing the originally planned unlock on May 28, 2025, by 6 months, starting the unlock in November 2025.
· The unlocking mechanism will no longer be a one-time release but will instead unlock linearly over 6 months from November 2025 to May 2026.
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2025-05-20 14:43
2025-05-20 17:31
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2025-05-21
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