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Allora postpones the ALLO token team and investor unlock schedule by 6 months to May 2027

PANews November 11 reports that, according to an official announcement, the decentralized AI network Allora has announced an extension of the lock-up period for core contributor and supporter token allocations by 6 months. The initial unlock originally scheduled for November 11, 2026, will now be delayed until May 11, 2027. The updated timeline indicates that no tokens from these allocations will be unlocked before May 11, 2027. At that time, 50% (approximately 242,750,000 ALLO) will be unlocked, with the remaining 50% linearly released over the subsequent 18 months, concluding in November 2028. This adjustment affects 485,500,000 ALLO (representing 48.55% of the total supply), while the overall vesting schedule remains unchanged. Staking, rewards, and other allocations will proceed as originally planned, requiring no action from holders.

Source: https://www.panewslab.com/zh/articles/01a1c834-655c-7034-9c0e-4f7bd1e49d2e