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Bio Protocol has proposed to postpone and linearly unlock team and advisor tokens.
BlockBeatNews
BIO-8,09%
According to BlockBeats news, on May 20, Bio Protocol announced on social media that it initiated the BIOPSY proposal: to re-vest 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 for a 6-year vesting period, including a 1-year lock-up position, accounting for 4.23% of the total supply, originally scheduled to unlock on May 28, 2025. · The proposal suggests delaying the unlocking originally scheduled for May 28, 2025, by 6 months, to begin unlocking in November 2025. · The unlocking method will no longer be a one-time release but will be linearly unlocked over 6 months from November 2025 to May 2026.
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