Linear Vesting Schedule
A linear vesting schedule is a method of distributing tokens in equal, incremental amounts over a defined period of time. This approach provides a steady, predictable flow of tokens to the recipient, reducing the impact of any single release on the market price.
Unlike cliff-based models, linear vesting avoids large, disruptive supply spikes, making it more favorable for maintaining stable price action. It is commonly used for long-term employee compensation or ongoing project funding, ensuring that stakeholders are continuously rewarded for their contributions.
This model is often considered more equitable and less prone to manipulation, as it prevents the "dumping" behavior that can occur with sudden large releases. From a protocol perspective, it simplifies the planning of treasury management and budget allocation.
Participants can easily model the future circulating supply, allowing for more accurate valuation and risk assessment. Linear vesting is a hallmark of mature, well-planned tokenomic models that prioritize sustainable growth over rapid, unstable expansion.
It reflects a commitment to a steady, long-term development trajectory.