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."
The economic design of a token - issuance, supply schedule, distribution, utility, and incentives.
The total amount of coins or tokens that currently exist, including both circulating and non-circulating supply.
The total number of coins or tokens that are actively available in the market.
Inflation is the sustained increase in the general price level, often caused by money supply growth outpacing real output, reducing purchasing power.
All terms and definitions may update as the Cryptionary improves.