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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.