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Vesting Curves

time-structured release schedule

Vesting Curves define how and when tokens or rewards are unlocked over time, typically following a predefined mathematical or linear formula. These curves are used to align incentives, prevent premature dumping, and promote long-term engagement from investors, team members, or community contributors. Vesting curves can follow linear, exponential, cliff, or custom trajectories, with the pace of release often accelerating or decelerating based on strategic goals.

Use Case: A protocol allocates 20% of its token supply to developers but locks it behind a 4-year vesting curve with a 1-year cliff. After the cliff, tokens unlock monthly, ensuring devs stay aligned with the project’s timeline and growth.

Key Concepts:

  • Cliff Vesting — A set period before any tokens are released.
  • Linear Vesting — Tokens unlock evenly over time.
  • Exponential/Custom Curves — Dynamic schedules tailored to project phases.
  • Incentive Alignment — Encourages long-term participation and reduces sell pressure.

Summary: Vesting Curves are strategic tools for controlling token distribution over time, ensuring that stakeholders remain engaged and aligned with the protocol’s roadmap. They reduce speculative risk and signal maturity in tokenomics design.

Vesting Type Unlock Pattern Best Use Case Governance Implication
Cliff + Linear Delayed Start, Even Distribution Team Allocations, Investor Lockups Prevents Early Control Shifts
Exponential Slow Start, Faster Over Time Growth-Based Rewards Aligns with Performance Metrics
Custom Dynamic Variable Release DAOs, Community Grants Can Flex With Governance Proposals

 
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