• © Goverland Inc. 2026
  • Privacy Policy
  • Terms of Use
BIOBIOby0x9e67aDFFdfacA157efbC1F0A1785D4D873C20E220x9e67…0E22

BIOPSY-22 🧪 Postponing Unlock of Core Team's 1-Year Cliff Token Allocation

Voting ended 8 months agoSucceeded

TL;DR

  • Bio Core Team tokens are on a 6‑year vesting schedule with a 1‑year cliff set for 28 May 2025.
  • To align token unlocks with actual value creation while the Bio Launchpad is still rolling out, the entire 1‑year cliff tranche will unlock linearly over six months—from 14 Nov 2025 to 14 May 2026—instead of unlocking all at once on May 28 2025.
  • Core Team tokens that were set to start vesting continuously from May 28 2025 onward will be vesting and unlocking continuously from May 28 2025 onward under the original timetable.

Context

Team tokens account for 21.2% (703,84M BIO) of the 3.32 B total supply. They follow a 6‑year vesting curve with a cliff at the end of year 1. Under the original timetable:

  • Start: May 28 2024
  • Cliff: May 28 2025 → 1/6 unlock (≈117.3M BIO)
  • Linear vesting: The remaining 5/6 unlocks linearly over the next 5 years (≈117.3M BIO per year)

Proposal

Postpone the single‑day unlock of 117.3M BIO+ tokens for the team to:

  • Reduce circulating supply during the six‑month window while the Bio Launchpad is still being built out and revenue‑generating functionality is coming online, minimizing volatility before that value catalyst materializes.
  • Align unlocks with clear product milestones, to not erode the "skin‑in‑the‑game" signal that long‑term supporters expect from core contributors.
  • Reduce short‑term volatility that may distract community from shipping, adoption, and ecosystem growth.

Relevant core team members that are effected by this change have been surveyed and have approved the proposal.

Postpone the Cliff Tranche Unlock

  • Amount: ≈117.3M BIO
  • Mechanism: Replace one‑time cliff unlock with an unrevocable continuous linear unlock spanning 6 months.
  • New linear unlock window for unlocking tokens: November 14, 2025 to May 14, 2026

Unchanged Components

  • Cliff date retention: The cliff itself still “matures” on 28th of May 2025—tokens merely remain locked until 14th of Nov 2025 when unlocking begins.
  • Main linear stream: The remaining original 5⁄6 portion continues vesting linearly from 28th of May 2025 through 28th of May 2030.

Governance Considerations

  • No dilution: The proposal only reschedules the release cadence; total allocation remains constant.
  • Market stability: Spreading emissions helps maintain orderly markets and aligns incentives between builders and tokenholders.
  • Precedent: Demonstrates that Bio Protocol governance can flexibly adapt tokenomics when warranted by market conditions while respecting prior commitments.

Removal of Advisor Token Allocation from the initial proposal

Between this and the previous proposal, the advisor tokens have been removed from the scope. Tokens that were allocated by Molecule AG allocated to team and ESOP holders are pursuant to board resolutions by Molecule AG which may be published here for consideration by BIO token holders in the future

Conclusion

Transitioning the cliff unlock to a 6‑month linear stream beginning November 15, 2025 better synchronises token unlocks with ecosystem growth milestones, mitigates supply shocks, and underscores the team’s commitment to responsible stewardship of BIO.

Individuals who wish to review legal obligations by BIO or any category of token holder may contact office@mme.ch, ensuring full confidentiality but with inquirers bearing the full costs of inquiry unless breach of agreement is found.

Off-Chain Vote

For
139.12M BIO100%
Against
0 BIO0%
Abstain
0 BIO0%
Quorum:143%
Download mobile app to vote

Timeline

May 25, 2025Proposal created
May 25, 2025Proposal vote started
May 27, 2025Proposal vote ended
May 27, 2025Proposal updated