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ETH $1,878.74 +0.06%
BNB $606.41 -0.69%
XRP $0.9991 -0.24%
SOL $75.22 +0.06%
TRX $0.3315 +0.24%
DOGE $0.0697 -0.27%
ADA $0.1769 -0.91%
BCH $203.72 -0.43%
LINK $9.42 +1.33%
HYPE $57.37 +2.43%
AAVE $86.19 -0.67%
SUI $0.6761 -0.78%
XLM $0.1569 -0.63%
ZEC $485.87 -0.99%

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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