Vesting

In order to align the interests of all stakeholders within the DAO, Kyoko includes vesting requirements for all categories except public sale. Lockups per category can be found below:

  • SEED — 6 months cliff followed by 2-year linear vesting

  • PRIVATE — 5 months cliff followed by 2-year linear vesting

  • STRATEGIC — 4 months cliff followed by 1.5-year linear vesting

  • TEAM — 18 months cliff period followed by 36-months vesting

  • COMMUNITY GOVERNANCE — No cliff period, 36 months vesting — tokens can be allocated based on approved governance proposals

  • STAKING REWARDS— 12-months cliff period after claiming

  • ADVISORS — 8-months cliff followed by 2-year linear vesting

  • PUBLIC SALE — 33% upon TGE, 33% each quarter after

  • AIRDROP — 33% upon TGE, 33% each quarter after

  • LIQUIDITY — No cliff period

The initial circulation supply will be 10.97 million KYOKO, which is based upon the requirements for public sale and marketing campaigns. Marketing and DAO treasury will be partly unlocked but not brought into circulation as these funds will only be employed upon DAO approval.

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