Linear Release
Linear release refers to a vesting schedule where tokens are distributed at a constant, steady rate over a specified period. Unlike cliff-based vesting, which releases tokens in chunks, linear release ensures a predictable and smooth increase in the circulating supply.
This method is often preferred for ongoing contributors, such as advisors or long-term liquidity providers, to avoid the market shock associated with large, sudden unlocks. By spreading the distribution, the project can maintain better price stability and prevent massive sell-offs that might occur if a large number of tokens became liquid at once.
This model is mathematically straightforward and easy for investors to model when forecasting future supply changes. It promotes a disciplined approach to token distribution and reduces the likelihood of sudden volatility.
The consistency of a linear release helps in building long-term confidence among market participants.