Work out token vesting schedule instantly with clear inputs, formula shown and shareable results.
A vesting schedule releases tokens linearly over a period, but nothing at all is released before the cliff. On the cliff date the whole elapsed portion unlocks at once, which is why cliff dates often coincide with selling pressure.
Linear vesting with cliff
Vested = 0 before the cliff, else total × min(1, months elapsed / vesting months)
Figures are estimates for planning only. Market returns are not guaranteed, and rates, limits and tax rules change. This is not financial or tax advice — speak to a qualified adviser before acting.
It ensures nothing vests unless the recipient stays for a minimum period, aligning them with the project.
A large tranche becoming sellable adds supply, and the market often prices that in ahead of the date.