Token Vesting🔐
Token Vesting is the amount that is being lock up for a period of time until the contract condition are met. BF vesting plan consists of two different lock up method, first is vesting based on timeline while the other type is based on TGE(Token Generation Events).
There are four types vesting plan:
Seed contributer BFT will be lock for 70% or release on the vesting schedule, 30% released during the TGE. 1mil Total Value Lock that will unlock 1% each time the TVL trigger the unlock mechanism. Vesting schedule for the 70% will unlock completely in two years if TVL unlock mechanism does not meet.
Private contributer BFT will be lock for 50% or release on the vesting schedule, 50% released during TGE. 1mil Total Value Lock that will unlock 1% each time the TVL trigger the unlock mechanism. Vesting schedule for the 50% will unlock completely in one and a half years if TVL unlock mechanism does not meet.
Public contributer BFT will be lock for 30% or release on the vesting schedule, 70% released during TGE. 1mil Total Value Lock that will unlock 1% each time the TVL trigger the unlock mechanism. Vesting schedule for the 30% will unlock completely in one year if TVL unlock mechanism does not meet.
BFT will be lock for 100% and release on the vesting schedule. 1mil Total Value Lock that will unlock 1% each time the TVL trigger the unlock mechanism. Vesting schedule for the 100% will unlock completely in three years.
Last modified 1yr ago