Vesting
tokenomics · governance
A release schedule that unlocks tokens or equity-like rights over time, often using cliffs and gradual unlocks.
Vesting delays access to tokens so teams, investors, or contributors receive allocations gradually instead of all at once. Schedules often include a cliff, then monthly or block-by-block unlocks.
Vesting affects circulating supply and potential dilution. Large unlocks can change market supply even when the maximum supply is unchanged, so schedules should be read alongside token distribution.
Related terms
Tokenomics
→The economic design of a token, including supply, issuance, distribution, utility, incentives, and unlocks.
token · economics
Total Supply
→The amount of a coin or token that currently exists, including circulating, locked, reserved, and escrowed units.
tokenomics · metrics
Circulating Supply
→The estimated number of coins or tokens currently available to the market, excluding locked or unissued supply.
blockchain · cryptocurrency
Inflation
→A sustained rise in the general price level, reducing a currency's purchasing power over time.
economics · macroeconomics