Story Delays $IP Token Unlock to August 2026

Key Development Summary

Story has officially announced a six-month delay for the unlock schedule of all its locked $IP tokens. The new initial unlock date for investors, team members, and insiders is now set for August 13, 2026, moved from the original date of February 13, 2026. This decision means no new liquidity from these locked tokens will enter the market until the updated date.

Overall Situation

The delay is a strategic measure to support long-term network health and align with evolving, AI-driven use cases. The company stated that this decision reflects a focus on disciplined execution amidst challenging macroeconomic conditions. It complements the recent implementation of governance proposals SIP-00009 and SIP-00010, which recalibrated emissions and staking incentives for more sustainable token economics as the network matures.

Impact on the Market

This extension will result in a slower increase in the circulating supply of $IP tokens. The primary economic effect is reduced potential inflationary pressure, fostering a more stable environment for the network's growth. The company emphasized that key token metrics, including total supply, individual allocations, and vesting schedules, remain unchanged. A smart-contract mechanism will enforce the updated lockup terms automatically.

Conclusion

Story's decision to postpone the $IP token unlock underscores a commitment to long-term sustainability over short-term market dynamics. The move aims to build a healthier stake distribution and ensure new liquidity enters the ecosystem gradually, in line with the network’s development and broader community participation.

FAQ

Q: What is the new unlock date for locked $IP tokens?
A: The updated unlock date is August 13, 2026.

Q: Does this delay affect the total supply of $IP tokens?
A: No, the total token supply, individual allocations, and vesting schedules are not affected by this change.

Source: Investing.com