Token Unlock Schedule
Last updated
Last updated
The unlock schedule for the ICN Tokens (ICNT) ensures a controlled and gradual release of tokens, designed to incentivise long-term commitment and prevent market instability. Below is a breakdown of the vesting schedules for each category of token holders, along with accompanying explanations.
Allocation: 22.1% (154.7M ICNT)
Unlock Period: 12 to 36 months
Details: Locked for 12 months, then gradually released to ensure long-term commitment.
Allocation: 21.5% (150.5M ICNT)
Unlock Period: 12 to 36 months
Details: Locked for 12 months, then released linearly to prevent large-scale sell-offs.
Allocation: 5.4% (37.8M ICNT)
Unlock Period: 0 to 24 months
Details: 50% unlocked post-TGE, with the remainder gradually released over 24 months.
Allocation: 10% (70M ICNT)
Unlock Period: 0 to 24 months
Details: Focused on ecosystem growth, with 50% unlocked immediately and the rest over 24 months.
Allocation: 11% (77M ICNT)
Unlock Period: 0 to 36 months
Details: Designed to incentivise partners and early contributors over a 3-year period.
Allocation: 20% (140M ICNT) at launch + a pro-rated share of future minting during the first 48 months, starting at 20% in month 0 and decreasing as tokens are vested.
Unlock Period: 0 to 48 months. The token unlock follows a degressive model as outlined below:
Details: Tokens are gradually unlocked over the first 48 months, following the degressive schedule mentioned above. The node sale allocation includes a pro-rated share of newly minted tokens during this period, starting at 20% and reducing proportionally with the vesting schedule. This additional minting ensures node value is maintained throughout their lifecycle, preventing deflation. Minting occurs only as necessary, depending on network needs.
Allocation: 10% (70M ICNT) at launch + a pro-rated share of future minting, starting at 80% during the first four years and moving to 100% in year 5.
Minting Schedule: Minting follows a pro-rated schedule with 80% of newly minted tokens initially allocated to the Rewards Reserve. This percentage gradually increases as node allocations decrease, reaching 100% by year 5. Up to 300M ICNT may be minted during this period, depending on network demand and growth. Minting only occurs if needed for network sustainability.
Details: The Rewards Reserve is fully accessible from day one. Minting into the reserve occurs as necessary to maintain its proportionality relative to the total supply. The reserve is primarily used to reward Hardware Providers (HPs) and SLA Oracles and may also subsidise Service Providers (SPs) if needed.
| Month | % Token per Month |
|---|---|
Category
Initial Allocation
Unlock Period
Notes
Team
22.1% (154.7M ICNT)
12–36 months
Gradual release over 4 years to ensure long-term commitment.
Investors
21.5% (150.5M ICNT)
12–36 months
Prevents large-scale liquidation and ensures long-term project success.
Development Company
5.4% (37.8M ICNT)
0–24 months
50% unlocked post-TGE, remainder over 24 months.
EcoDev Fund
10% (70M ICNT)
0–24 months
Supports long-term ecosystem development.
Partner Fund
11% (77M ICNT)
0–36 months
Strategic partners and early contributors to support long-term engagement.
Node Sale
20% (140M ICNT)
0–48 months
Unlocks over 48 months; starts with a pro-rated mint allocation, decreasing as tokens vest.
Rewards Reserve
10% (70M ICNT)
Up to 5 years
Receives a pro-rated mint allocation, starting at 80% and reaching 100% by year 5.
1
18.40%
2
3.40%
3
3.40%
4
3.19%
5
3.19%
6
3.19%
7
2.98%
8
2.98%
9
2.98%
10
2.76%
11
2.76%
12
2.76%
13
2.55%
14
2.55%
15
2.55%
16
2.34%
17
2.34%
18
2.34%
19
2.13%
20
2.13%
21
2.13%
22
1.91%
23
1.91%
24
1.91%
25
1.70%
26
1.49%
27
1.49%
28
1.49%
29
1.28%
30
1.28%
31
1.28%
32
1.06%
33
1.06%
34
1.06%
35
0.85%
36
0.85%
37
0.64%
38
0.64%
39
0.64%
40
0.64%
41
0.64%
42
0.64%
43
0.43%
44
0.43%
45
0.43%
46
0.43%
47
0.43%
48
0.43%
