Humanity Foundation announces adjustment of H token vesting schedule and sets a deadline; some institutions have publicly disclosed choosing to unlock immediately at a discount.

ME News message: On April 24 (UTC+8), the Humanity Foundation has recently made major adjustments to the $H token vesting plan, requiring investors to make a final choice between two options by 09:00 UTC on April 26: (1) extend the distribution, push the Cliff to September 25, 2026, and change it to equal quarterly distributions over 12 quarters; or (2) unlock immediately at a 3:10 discount—use 5,000,000 $H to replace the original 16,666,666 (a 70% reduction)—and distribute the entire amount in one lump sum on June 25, 2026.

It is understood that the Humanity Foundation has already sent adjustment notices to more than 100 investors. Early-stage investment institutions, such as Trix Ventures, have publicly disclosed their selection of the discounted immediate unlock. It is reported that the institution invested when the project’s valuation was approximately $60 million, and even after the 3:10 discounted swap, it can still achieve roughly a 7x return.

Notably, Humanity Protocol previously reached in-depth cooperation with payments giant Mastercard, and the project’s fundamentals have been endorsed by traditional financial institutions. The on-chain identity verification track it is in is still at an early stage in terms of market size; however, with the continued expansion of AI-generated content and automated accounts, the demand for on-chain real-identity verification is widely believed to grow exponentially. This track is considered to have long-term potential to become a leading project in the Web3 infrastructure space.

The project is about to face the pressure from a one-time large unlock. Whether it can grow explosively as the AI track surges makes this test crucial. Some analysts point out that choosing a one-time unlock on June 25 is the safer decision. In the current market cycle, “certain liquidity” far outweighs numbers on paper. The extension option stretches the cycle to 3 years, and there are huge unknowns regarding the protocol’s survivability and the team’s stability.

From the market-structure perspective, June 25 faces clear risks of concentrated sell pressure. The Sablier contract release node is transparent on-chain, and quantitative trading and short-selling funds will target that node precisely. Institutions may hedge in advance within the two-month window to lock in profits, and market makers may withdraw bid-side depth in advance, causing the actual realized value to be less than 10% of the nominal value. Historically, large-scale concentrated unlocks of Starknet (STRK) and ApeCoin (APE) have both triggered severe sell pressure: the former fell more than 95% from its all-time high, while the latter dropped 77% within 7 months.

(Source: ChainCatcher)