A standard emissions schedule typically includes an initial circulating supply at TGE followed by a predictable unlock curve that expands supply gradually over time. Most high-quality projects use a cliff + linear vest structure for insiders and a multi-year emissions program for community rewards. The objective is to minimize volatility-inducing supply cliffs while ensuring contributors remain incentivized. Emissions should align with product maturity; early aggressive unlocks before meaningful adoption create structural overhang. Conversely, artificially low float can create unsustainable volatility. Forgd generally advises modeling circulating supply at 6, 12, 18, and 24 months post-TGE to ensure liquidity depth can reasonably absorb incremental unlocks. Emission schedules should be transparent and publicly communicated to avoid credibility erosion.
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What does a standard Token Emissions Schedule look like?
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