Story delays $IP token unlock by 6 months as supply overhang fears mount and usage remains thin

Story Protocol, an IP-focused blockchain, has postponed the scheduled unlock of its $IP tokens by six months, moving the first major release of team, investor, and early contributor tokens from February 2026 to August 2026. This decision is part of a strategy to gradually introduce new supply, lower emissions, and build network usage amidst weak market sentiment, as the token's price has dropped significantly recently. The delay does not alter the total 1 billion token supply or individual allocations, but it is enforced via an automated smart contract. The move addresses concerns over token unlocks potentially depressing prices and comes as on-chain metrics show Story has had very low activity, with daily on-chain revenue under $100, suggesting its valuation is heavily reliant on future expectations.

(Source：CoinDesk)