BIOPSY Proposal: Re‑vesting of Team & Advisor Tokens
Proposes updates to upcoming $BIO token unlock for team & advisors:
→ Team & advisor tokens are on a 6‑year vesting schedule with a 1‑year cliff (4.23% of supply) set to unlock this May 28, 2025.
→ Instead of an unlock this May 28, team and advisor tokens would only start to unlock 6 months from now in Nov 2025
→ Rather than a single unlock event, team and advisor tokens will unlock linearly over 6 months, from November 2025 to May 2026.
Rationale:
1) Keep circulating supply lower while early versions of the protocol are still being rolled out
2) keep the community focused on shipping, adoption and ecosystem growth
3) underscore team & advisor commitment to the long-term vision and development of the protocol & ecosystem.
Read the proposal and share any feedback ↓