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Difference between revisions of "Vesting"
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|'''4 year linear vesting''' | |'''4 year linear vesting''' | ||
|Project A raises money from investors in exchange for some amount of tokens with a 4 year linear vesting schedule. | |Project A raises money from investors in exchange for some amount of tokens with a 4 year linear vesting schedule. | ||
Meaning that through the first year investors will be gradually | Meaning that through the first year investors will be gradually distributed 25% of their token allocation, second year another 25% and so on. | ||
|[[File:Linear vesting example.png|left|thumb|355x355px|4 year linear vesting]] | |[[File:Linear vesting example.png|left|thumb|355x355px|4 year linear vesting]] | ||
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|Project B raises money from investors in exchange for some amount of tokens with a 4 year linear vesting schedule with a 1 year cliff. | |Project B raises money from investors in exchange for some amount of tokens with a 4 year linear vesting schedule with a 1 year cliff. | ||
Meaning that investors will be able to access 25% of their token allocation only at the end of the first year | Meaning that investors will be able to access 25% of their token allocation only at the end of the first year. From that moment they also will be getting a gradual linear distribution of tokens same as the first example above. | ||
|[[File:4 year linear vesting with a 1 year cliff.png|left|thumb|356x356px|4 year linear vesting with a 1 year cliff]] | |[[File:4 year linear vesting with a 1 year cliff.png|left|thumb|356x356px|4 year linear vesting with a 1 year cliff]] | ||
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[[Category:Glossary]] | [[Category:Glossary]] | ||