As part of our commitment to transparency, we're sharing details of our token lock-up and vesting plan for team members and investors. This plan is designed to foster long-term commitment and a sustainable ecosystem for all stakeholders.

1. Investors: 11.62% of total token supply

2. Taiko Labs Core Team (first exercise)¹: 9.81695% of total token supply

• Vesting Period: 4 years

• Initial Lock-up: 12 months from Token Generation Event (TGE)

• TGE Date: June 5, 2024

After the initial lock-up period:

• 25% of vested tokens become available for unlock

• Remaining 75% unlock linearly over subsequent 3 years

This structure aims to:

• Encourage long-term commitment

• Mitigate potential market volatility

• Align stakeholder interests with project's long-term success

1. Green: Already released

2. Yellow: Projected to be released over 2-4 years

3. Orange: Strict release schedule - tokens start becoming available one year after launch, then are gradually released over the next three years until all tokens are fully liquid 4 years after TGE.

4. Pink: Reserved for protocol development, DAO governance, and prover network. Full distribution projected over 5+ years.

Detailed information about token allocations and distribution is available in our GitHub repository.

¹Team Token Exercise Schedule:

• Team members exercise their granted tokens every six months.

• New token unlocking contracts will be added to the file GitHub repository as they become active.

² Investor Contract Status:

• Some investor contracts are still in the process of being set up.

• These contracts will be added to the GitHub repository once finalized.

This information is for informational purposes only and does not constitute investment advice. Cryptocurrency investments carry high risk, and token values can be volatile. Always conduct your own research and consult with a professional financial advisor before making investment decisions. Taiko and its team members are not responsible for any financial losses incurred based on this information.

Explore open positions on our job board.

Get the latest from Taiko:

• Website: https://taiko.xyz.

• Discord: https://discord.gg/taikoxyz.

• GitHub: https://github.com/taikoxyz.

• Twitter: https://twitter.com/taikoxyz.

• Community forum: https://community.taiko.xyz.

• Youtube: https://www.youtube.com/@taikoxyz.

• Warpcast: https://warpcast.com/taikoxyz.

Contribute to Taiko on GitHub and earn a GitPOAP! You will also be featured as a contributor on our README. Get started with the contributing manual.