Extend Token Lockup Period by 6 Months
Description
This proposal seeks to extend the token lockup period for early contributors and team members by an additional six months. The goal is to demonstrate long-term commitment to the project's success and align incentives between the team and the broader community.
Currently, the lockup period for early contributor tokens is set to expire in Q2 2026. By extending this period to Q4 2026, we aim to:
1. Strengthen investor confidence by showing the team's dedication to long-term value creation. 2. Reduce potential selling pressure during a critical growth phase for the protocol. 3. Align the team's financial incentives with the project's roadmap milestones. 4. Demonstrate commitment to responsible tokenomics practices.
The extended lockup will apply to all tokens allocated under the early contributor and team allocation categories. Affected parties have been consulted and have expressed support for this extension. A gradual vesting schedule will begin after the new lockup period ends, ensuring a smooth and predictable token release into circulation.
Current Results
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Proposal Information
- Proposal ID
- 74b652c6
- Status
- CLOSED
- Voting Start
- Mar 24, 2026
- Voting End
- Mar 27, 2026
- Snapshot Block
- 298,412,556
