The team owns 1 million tokens. If they all vest at once according to the current plan, this will cause great panic in the market. At the same time, the team's vesting time is July 2026, which will cause them to miss this cycle. Is it possible to vest the team earlier and have a plan to vest it linearly, such as for 3-5 years, etc.?
I think it would make sense, but we should carefully plan here. So could you please provide further details about what you have in mind? Is there something concrete we can discuss?
I think the proposition make sens but we have to figure something that is fair to everyone too.
Initially the Team Tokens locking period was from the Token creation on June 30, 2023 to June 30, 2026.
We could suggest something like:
Starting June 30 2024, meaning after 1 year of token lock already, we switch to linear vesting release.
Now, we would have to define the number of years.
2 Years, would bring it to the Team getting all their tokens at the time initially planned but in linear vesting versus in on release.
I could be open to add an extra year of vesting eventually, to compensate the idea that we receive tokens earlier, which would bring the vesting period from June 30, 2024 to June 30, 2027. Longer than that might be a bit too much.
Open to hear more about community on this.
I would prefer to start vesting in July 2025, which would be a year ahead of schedule. Lasts 24 or 36 months.
@huasheng76 starting in July 2025 in my opinion is contradicting the initial message since by then, current bull cycle may very well be finish aready, on top of that we would have get 2 years full lock over the 3 already and then we would have to wait 2 to 3 more years to receive our share. Sound a bit far stretched to me. I would then rather wait another year and receive in full as initially planned.
Lets see ehat others think.