Lock-up and Vesting Schedules (Team and Investors)
Vesting period: 3 years | 36 months
Cliff: 1 year
Time | % of total allocation vested |
0 - 11 months | 0 |
12 months | 25% after 12 months |
13 - 36 months | 3.125% per month |
Team and investors will vest over the period of 3 years with a 1 year cliff. In other words, the team and investors will get nothing in the first year after initial supply issuance. After year 1, the team and investors will receive 25% of their total allocated tokens. Subsequently, each month, they will receive an additional proportional amount of allocated tokens up until the vesting period of 3 years or 36 months is completed.
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