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