Emission Schedule
An emission schedule is the pre-programmed plan detailing how and when new tokens will be released into the ecosystem. This schedule typically outlines the rate of inflation, the distribution of rewards, and the duration over which tokens will be unlocked for team members, investors, and the community.
By making the supply increase predictable, protocols provide transparency to the market, allowing participants to plan their strategies accordingly. A well-structured emission schedule is critical for managing expectations and preventing sudden shocks to the market price.
However, if the schedule is too aggressive, it can lead to rapid supply dilution and price instability. Evaluating the emission schedule is a core part of fundamental analysis, as it dictates the future supply-side pressure on the asset.