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Bird
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Tokenomics

Token Unlock / Vesting cliff

Also known as: Unlock / vesting
Difficulty: intro
Scheduled release of locked tokens; a cliff delays the first unlock.
Formula
Unlocked(t) after cliff per schedule

Team, investor, and ecosystem allocations are often locked with linear vesting after a cliff. At the cliff, a lump of tokens unlocks; afterward, release may be continuous or monthly.

Track cliff sizes relative to circulating supply and average daily volume.

Related terms

See also