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BTC $79,169.02 -0.87%
ETH $2,491.17 -0.05%
BNB $739.46 -1.39%
XRP $1.39 -1.24%
SOL $103.83 -1.87%
TRX $0.3343 -0.29%
DOGE $0.0897 +0.46%
ADA $0.2191 -0.07%
BCH $260.41 +1.60%
LINK $12.74 +3.13%
HYPE $84.88 -2.80%
AAVE $131.77 -0.89%
SUI $0.8255 +3.88%
XLM $0.1899 +3.48%
ZEC $1,153.46 -5.85%

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

2025-05-20 19:08:34

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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