Team Vesting: 2-year schedule with 1-year cliff and monthly unlocks?
The phrase “Team Vesting: 2-year schedule with 1-year cliff and monthly unlocks” refers to how the Team & Advisor tokens are distributed over time to ensure long-term commitment to the project. Here’s a breakdown:
What it means:
- 2-year schedule: The full allocation of tokens to the team is spread out over 24 months.
- 1-year cliff: No tokens are distributed during the first 12 months. This is the “cliff” — a waiting period to prove commitment.
- Monthly unlocks: After the 1-year cliff, the tokens are released in equal monthly portions over the following 12 months.
Example:
If a team member is allocated 1,200,000 tokens, they receive:
- 0 tokens for the first year
- 100,000 tokens per month during year 2
This structure protects the project from early team exits and builds investor trust by ensuring team members are incentivized to stick around long term.
Now you Know…
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