A schedule that releases tokens over time to founders, teams, or investors, often with cliffs and linear unlocks.
Vesting aligns incentives and reduces immediate sell pressure by releasing tokens gradually. Terms specify cliffs, linear unlocks, and conditions for forfeit.
"Team tokens vest over 4 years with a 12-month cliff; if a member leaves early, unvested tokens return to the treasury."
All terms and definitions may update as the Cryptionary improves.