According to official news, Taiko announced the details of the TAIKO token lock-up and vesting plan:
1. Token distribution arrangement:
Investors: 11.62% of the total token supply
Taiko Labs core team (first execution): 9.81695% of the total token supply
2. Vesting and unlocking schedule:
Vesting period: 4 years
Initial lock-up: 12 months from TGE
TGE date: June 5, 2024
After the initial lock-up period:
25% of the vested tokens can be unlocked
The remaining 75% are unlocked linearly over the next 3 years
The purpose of this structure is to:
-Encourage long-term commitment;
-Mitigate potential market fluctuations;
-Align stakeholder returns with the long-term success of the project.
As shown in the figure, the green tokens have been released;
The yellow tokens are expected to be released in 2-4 years;
The orange fiat follows a strict release schedule: the tokens become available one year after launch, and then are gradually released over the next three years until all tokens are fully liquid 4 years after TGE;
The pink tokens are reserved for protocol development, DAO governance, and prover networks, and are expected to be fully distributed in more than 5 years.