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Supply Schedules and Vesting·Lesson 7 of 36·12 min

Vesting Mechanics: Cliffs, Linear, and Unlock Events

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Vesting is the mechanism that converts a token allocation from a promise into an actual claim over time, and the shape of that schedule is one of the highest-leverage decisions in tokenomics — it directly determines sell pressure, team incentive alignment, and investor confidence. Three building blocks combine into almost every real-world schedule: Cliffs. A cliff is a period with……

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