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Vesting
Percentages are grouped by quarters for display purposes only.
The distribution will be on a monthly schedule
Example: Seed Q1 - 47.5% / 3 = 15.83333333333333% per month
*Development/Marketing/Rewards/Core Team vesting is 48 months.
**Liquidity Reserve vesting is 41 months.
A vesting schedule is a way to stagger the release of ownership or rights to a certain asset, such as stock options or cryptocurrency tokens. It is often used to incentivize employees or team members to remain with a company for a certain period of time, or to ensure that the assets are not immediately sold or traded after they are received.
The vesting schedule outlined in the above picture involves the release of 11 types of assets. Here is an overview of how these assets would be released according to the schedule provided:
- The Seed assets were sold at a price of $0.03, and 5% of these assets were released at the time of the TGE (Token Generation Event).
- The remaining Seed assets will be released over a period of 180 days, at a rate of 15.83333333333333% per month for the first two-quarters of year 1.
- The Private assets were sold at a price of $0.06, and 10% of these assets were released at the time of the TGE.
- The remaining Private assets will be released over a period of 90 days, at a rate of 30% per month for the first quarter of year 1.
- The IDO assets were sold at a price of $0.10, and 20% of these assets were released at the time of the TGE.
- The remaining IDO assets will be released over a period of 45 days, with 40% being released at the end of 30 days and an additional 40% being released at the end of 45 days in year 1.
2.08% of the assets will be released each month for a total of 48 months.
2.08% of the assets will be released each month for a total of 48 months.
2.06% of the assets will be released each month for a total of 48 months.
2.44% of the assets will be released each month for a total of 48 months.
Locked for 1 year and 3 months, after which 2.08% of the assets will be released each month starting in year 2 Q2.
Locked for 9 months, after which 4.17% of the assets will be released each month starting in year 1 Q4 until the end of year 3 Q3.
4.17% of the assets will be released each month starting in year 1 Q1 until the end of year 2 Q4.
4.17% of the assets will be released each month starting in year 1 Q1 until the end of year 2 Q4.
This vesting schedule would ensure that the assets are not all released at once, but are rather distributed over a longer period of time. This can help to align the interests of the team members or employees with those of the company, and can also help to prevent the assets from being immediately sold or traded, which could potentially have a negative impact on the value of the assets.
Last modified 10mo ago