⏳Token Vesting
Last updated
Last updated
Vesting is the structured release of acquired tokens over a predetermined period. This practice is critical to fostering a balanced token economy and mitigating abrupt market impacts from immediate selling post-listing on an exchange; it is vital for the majority of tokens to be retained by contributors.
To fortify the project and its community, we have instituted a vesting period for $PRLN tokens, encompassing a total of 8 months. This approach aids in the development of a durable decentralised network and acts as a bulwark for the token economy in its formative phase.
After the culmination of the presale, tokens will be progressively distributed to token holders in accordance with the vesting schedule, throughout the entire vesting period. This ensures a balanced and methodical token dissemination to the contributors, reinforcing the overall stability and health of the PARLINE ecosystem.
Additionally, the Team & Founders token will be vested over a 10-month period, with the monthly token release commencing after 5 months. This strategy is designed to align the interests of the team with those of the wider community and ensure a long-term commitment to the project's success.
Month
Stage
1
2
3
4
5
6
7
8
1
10%
10%
10%
10%
10%
10%
20%
20%
2
10%
15%
15%
15%
15%
15%
15%
3
20%
20%
20%
20%
10%
10%
4
20%
20%
20%
20%
20%
5
25%
25%
25%
25%
6
50%
50%