ZkLink Core DAO Delays Token Unlock Schedule By Six Months

According to BlockBeats, on October 23, zkLink Core DAO announced a six-month delay in the token unlock schedule for investors and team members. The affected tokens constitute 40.5% of the total token supply. The new schedule impacts several key stakeholders. Early private round purchasers, who were initially set to have their tokens unlocked on October 22, 2024, will now see their tokens unlocked on April 22, 2025. Additionally, the zkLink Core DAO team and advisors, whose tokens were originally scheduled to be unlocked on January 22, 2024, will now have to wait until July 22, 2025. This decision reflects the organization's strategic adjustments and aims to align with broader market conditions and internal goals. The delay is expected to provide additional time for the project to mature and potentially enhance the value of the tokens upon their eventual release.