Bio Protocol has initiated a proposal to delay and linearly unlock team and advisor tokens.

Blockbeats

05-20

BlockBeats News, May 20th, Bio Protocol announced on social media the initiation of the BIOPSY proposal: Team and Advisor Token Reallocation. The proposal aims to update the upcoming unlock of BIO Team and Advisor tokens:

· The Team and Advisor tokens currently have a 6-year vesting period, including a 1-year cliff, accounting for 4.23% of the total token supply, originally scheduled to unlock on May 28, 2025.

· The proposal suggests a 6-month extension of the original unlock date of May 28, 2025, now starting the unlock in November 2025.

· The unlocking will no longer be a one-time release but will be a linear unlock over 6 months from November 2025 to May 2026.

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