The Humanity Foundation announced adjustments to the H token vesting schedule with a deadline, and some institutions have publicly disclosed choosing a discounted immediate unlock.

ME News message, April 24 (UTC+8): The Humanity Foundation has recently made a major adjustment to the $H token vesting plan, requiring investors to make a final choice between two options before April 26 at 09:00 UTC. Option 1: extend the vesting so that the Cliff is moved to September 25, 2026, with equal distributions over 12 quarters. Option 2: a 3:10 discounted immediate unlock—replacing the original 16,666,666 $H tokens with 5,000,000 tokens (a 70% reduction)—to be issued in a single lump sum on June 25, 2026.

It is understood that the Humanity Foundation has already sent adjustment notices to more than 100 investors. Currently, the early-stage investment institution Trix Ventures has publicly disclosed its choice of the discounted immediate unlock.

It is reported that the institution invested when the project was valued at around $60 million, and even after the 3:10 discounted swap, it can still achieve an approximately 7x return. It is worth noting that Humanity Protocol previously reached a deep collaboration with payment giant Mastercard, with the project’s fundamentals receiving endorsement from traditional financial institutions. The on-chain identity verification track it belongs to is still at an early stage in terms of market size, but 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 has long-term potential to become a leading project in the Web3 infrastructure space.

The project is about to face the selling-pressure test from a one-time massive unlock. Whether it can ride the explosive growth of the AI track—this test is crucial. Some analysts noted that choosing the one-time unlock on June 25 is the safer decision. In the current market cycle, “certain liquidity” far outweighs numbers on paper. The extended option stretches the timeline to 3 years, and there are huge unknowns regarding the protocol’s survivability and the team’s stability.

At the market-structure level, June 25 faces a clear risk of concentrated sell pressure: the Sablier contract release node is transparent on-chain, and quant and short-selling funds will precisely target that node. Institutions may pre-hedge within the two-month window to lock in profits. Market makers may also withdraw buy-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 high, and the latter dropped 77% within seven months. (Source: ChainCatcher)