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ETH $1,860.67 +0.05%
BNB $566.70 +0.93%
XRP $1.09 -0.45%
SOL $73.91 -0.74%
TRX $0.3297 -0.20%
DOGE $0.0698 +1.82%
ADA $0.1633 -0.77%
BCH $210.55 +1.01%
LINK $8.36 -0.04%
HYPE $57.59 -0.73%
AAVE $90.83 -3.30%
SUI $0.7068 -2.10%
XLM $0.1778 -1.31%
ZEC $478.61 -3.82%

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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