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Story Protocol ( $IP ) Token Unlock 6-Month Extension 1. Revised Unlock Schedule - Original Date: February 13, 2026 - New Date: August 13, 2026 - Scope: Applies to all investors, the team, and early contributors. 2. Objectives of the Extension - Mitigating Sell Pressure: Preventing significant market impact during periods of high volatility. - Strategic Liquidity Management: Ensuring liquidity is introduced only after the protocol has reached a sufficient level of maturity. - Long-term Ecosystem Growth: Prioritizing the sustainable health of the network over short-term gains. 3. Technical and Policy Measures - Smart Contract Enforcement: The extension is technically enforced via automated smart contracts to ensure transparency and compliance. - Revised Staking Rewards: Staking rewards for locked tokens have been drastically reduced (to approximately 1/20th of the previous rate). - Enhanced incentives for circulating tokens to empower the community and active network participants. - Accessibility: Lowered entry barriers for community staking to foster a more decentralized environment. This extension is a voluntary commitment by the team and investors to prevent large-scale token sell-offs until August 2026 demonstrating their long-term confidence in the Story Protocol ecosystem.
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