Vesting
Vesting governs how YLDX becomes liquid over time. It is designed to align early backers, the team and the treasury with the long-term health of the protocol, and to avoid a supply shock at listing.
Principles
- No cliff dumping. Allocations unlock progressively, not all at once.
- Backers receive SYLDX. Round participants hold SYLDX until listing, then redeem 1:1 for YLDX — so pre-listing supply is staked, not circulating.
- Governance Treasury is locked. The 20% (200M) Governance Treasury is locked and DAO-controlled; it does not enter circulating supply through ordinary operations.
At listing (TGE)
- SYLDX held by round participants becomes redeemable 1:1 for YLDX.
- Circulating supply at listing is deliberately small (TGE market cap $3.9M against FDV $200M), reflecting the high staked share (63.1%).
Post-listing unlocks
Remaining allocations (team, ecosystem, reserves) unlock on a published schedule. The vesting tracker in the platform shows, per wallet and per allocation:
- total allocation;
- amount unlocked to date;
- amount still locked;
- the next unlock date and size.
The vesting tracker reads on-chain state so unlock progress is verifiable rather than self-reported. Exact schedule parameters are published alongside the token listing.
Why vesting matters for holders
- Protects the token from concentrated early sell pressure.
- Keeps the team and backers economically aligned through the listing and beyond.
- Combined with the buy-back leg of the rewards model, it supports a healthier long-term supply/demand balance.