⚙️Vesting

A mechanism called vesting is used to release or distribute tokens gradually over time, as opposed to all at once. By preventing a sudden increase in the supply of tokens, which could cause price volatility, it encourages token holders to stay invested in the project over the long term.

The vesting schedule for STD Token will begin with early round participants receiving the first 10% of the tokens purchased during the Token Generation Event (TGE). This indicates that while the tokens for these participants will be distributed immediately following the TGE, the remaining tokens will be distributed gradually over time.

The remaining tokens will vest over a 45-week period following the initial distribution. During this time, participants will get a weekly distribution of 2% of the tokens they bought. As an illustration, if a person bought 1000 STD tokens during the TGE, they would receive 100 tokens right away, followed by 20 tokens each week for the following 45 weeks, until they had received all of their tokens.

This vesting schedule makes sure that participants are encouraged to stay involved with the project over the long term and that tokens are released into the market gradually. By avoiding a sudden increase in token supply, it also offers some protection against price volatility.