Vesting Periods
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Launch Unlock: The amount of tokens belonging to each token allocation that is available for selling, trading or swapping upon the public launch of Dubloon token.
Lock-Up Period: A period of time in which tokens (100% of which, unless stated otherwise) are locked and cannot be traded or sold.
Vesting Period: A period of time which tokens are gradually unlocked according to the vesting information on the following page. Unlelss stated otherwise, tokens unlock at a linear rate at monthly intervals between the start and end of the vesting period.
Fully Unlocked: The point at which 100% of tokens in a given token category are fully unlocked.
The vesting information in this chart describes the individual token vesting periods for holders of Dubloon tokens that fall under any of the below categories. Dubloon tokens purchased or received through multiple channels of token acquisition (i.e investing in the Public Sale AND receiving Advisors' tokens) will be subject to their individual vesting periods. Purchasing or receiving tokens through one channel of token acquisition does not affect the vesting periods of tokens purchased or received through other channels.
Seed Sale
10% of Tokens unlocked at Dubloon's public token launch. Remainder locked for 4 months, whereafter they unlock at a linear rate at monthly intervals, ending at 15 months.
Private Sale
15% of Tokens unlocked at Dubloon's public token launch). Remainder locked for 3 months, whereafter they unlock at a linear rate at monthly intervals, ending at 15 months.
Public Sale
25% of Tokens unlocked at Dubloon's public token launch, whereafter they unlock at a linear rate at monthly intervals, ending at 4 months.
Ongoing Development
100% of Tokens are locked at Dubloon's public token launch. Remainder locked for 4 months, whereafter 100% of tokens become fully unlocked. If these funds are not needed upon unlock, they will be re-locked on a rolling monthly basis until otherwise needed.
Marketing
100% of Tokens are locked at Dubloon's public token launch. Released at a rate of 0.2% (2 Million Tokens) of overall token supply on a monthly basis, until after a 12-month period, whereafter the rate increases to 0.5% (5 Million Tokens) per month.
Foundation Treasury
100% of Tokens are locked at Dubloon's public token launch. Thereafter, 25% of the given balance will be unlocked at 6-monthly intervals, until the vesting stage ends at 36 months, whereafter the full balance is unlocked.
Advisors
5% of Tokens are unlocked at Dubloon's public token launch. Remainder locked for 2 months, whereafter they unlock at a linear rate at monthly intervals, ending at 12 months.
Liquidity
The planned vesting periods are subject to change, pending launchpad partnerships.
Tokens will be locked for three years. Prior to the three-year landmark, a governance vote will be held amongst Dubloon holders to offer direction on keeping liquidity locked beyond the three-year unlock date.
