💹Token Vesting Schedule

Token vesting is a process that allows token holders, such as employees, advisors, investors, or venture capital firms, to gradually gain access to their tokens over a specified period.

One method of implementing token vesting is through linear vesting, where token holders receive a certain percentage of their tokens each month or year until they are fully vested. Another option is a cliff vesting, where all tokens become available on a predetermined date.

A vesting schedule outlines the specific terms of the vesting plan, including the cliff period and the token release rate. Additionally, an employer or investor might contribute additional tokens to the vesting plan to incentivize the token holder to stay with the company.

Shine Pad Token Vesting is a service provider that enables founders to automate the distribution of tokens to their team members, advisors, investors, and venture capitalists (VCs).

For example, at the start, 10% of the purchased tokens will be distributed. The remaining tokens will be distributed in equal portions each day.