Odaily Planet Daily News zkLink Core DAO decided to postpone its token vesting plan (originally scheduled to start on October 22) for six months, involving 40.5% of the total supply of ZKL. The zkLink team and advisors will begin receiving tokens from early private round buyers on April 22, 2025, and the total amount of vested tokens will remain unchanged. The move comes ahead of a series of planned token unlocks. Blockworks estimates that at least $5.3 billion worth of tokens from market-focused projects will flood the market in the next 12 months. The team wrote in a statement: "The reason for this decision is to coordinate our ongoing efforts and interests, strengthen our community, and defend zkLink's position as a market-leading infrastructure company. We understand that this may be disappointing, and we deeply apologize for any inconvenience caused." "This extra time allows us to adapt to market conditions more effectively and ensure that both our team and investors are prepared for long-term success," said Vince Yang, CEO of zkLink. Additionally, zkLink is about to launch new products, including magicLinks and magicPortal, which are designed to improve Web3 business onboarding through "one-click" logins using zero-knowledge proofs. The extension of the ZKL vesting schedule is intended to ensure "robust market entry." According to the announcement, users who purchased tokens on CoinList (which were unlocked at the TGE and vested linearly over the next nine months) will not be affected by the delay. Similarly, tokens used for "ecosystem development" and community treasury will still vest as originally planned. (The Block)