Token Vesting Schedule Calculator

1. Enter the total token allocation in the grant, investor round or team pool.
2. Enter the TGE unlock percentage released on day one, if any.
3. Enter the cliff and the linear vesting period in months.
4. Enter the months since TGE, and a token price if you want values.

A token vesting schedule controls when tokens allocated to founders, team members, advisers and investors can actually be used. Instead of receiving a full allocation on launch day, holders get tokens gradually over months or years.

Projects use vesting to align insiders with long-term success and to avoid a flood of selling that could crash the price. A typical structure has three parts: a small unlock at the token generation event (TGE), a cliff during which nothing more unlocks, and a linear vesting period in which the rest releases in equal monthly amounts.

Vesting schedules matter to outside investors too. Large upcoming unlocks add supply to the market and can pressure the price, so traders watch unlock calendars closely.

It releases the TGE share immediately, then vests the remainder in a straight line after the cliff.

With allocation T, months elapsed m, cliff c and vesting period V, the vested fraction of the remainder is min(max(m - c, 0), V) / V.

1. Multiply the allocation by the TGE percentage for the day-one unlock.
2. Count months vested after the cliff, capped at the vesting period.
3. Unlock that fraction of the remaining tokens and add the TGE amount.

This is the common monthly linear model with no catch-up at the cliff. Some contracts instead release everything accrued during the cliff in one lump when it ends, so check your terms.

An investor holds 1,000,000 tokens with 10 percent at TGE, a 12-month cliff and 24 months of linear vesting. On day one they receive 100,000 tokens. Nothing more unlocks for a year.

From month 12, the remaining 900,000 tokens release at 37,500 a month. At month 18, six months into vesting, 100,000 plus 225,000 means 325,000 tokens, or 32.5 percent, are unlocked. The allocation is fully vested at month 36.

A team member with 500,000 tokens, no TGE unlock, a 6-month cliff and 36 months of vesting has 250,000 tokens unlocked at month 24. At a price of 0.50 that is 125,000 unlocked and 125,000 still locked.

These ranges are illustrative. Every project sets its own terms in its tokenomics.

TGE Percentage

A larger day-one unlock gives early liquidity but can add selling pressure at launch.

Cliff Length

A longer cliff delays every token after TGE.

Vesting Duration

Longer vesting means smaller monthly unlocks.

Release Frequency

Some schedules unlock daily, per block or quarterly rather than monthly.

Cliff Catch-up

Contracts that release accrued tokens at the cliff produce a large jump that this linear model does not show.

Checking Your Own Grant

Know exactly what you can access now and when the rest arrives.

Evaluating a Token Investment

Estimate how much supply insiders will unlock in coming months.

Designing Tokenomics

Model different cliffs and periods for team and investor pools.

Tax Planning

Anticipate when tokens become available, which may matter for tax in some places.

1. Counting the Cliff as Vesting

During the cliff, usually only the TGE amount is available.

2. Ignoring Cliff Catch-up Terms

Check whether accrued tokens release in a lump when the cliff ends.

3. Valuing Locked Tokens at Market Price

Locked tokens cannot be sold, and the price may change before they unlock.

4. Mixing Up TGE and Contract Start

Some schedules start at signing rather than at token launch.

5. Forgetting Unlock Supply Effects

Large unlocks for others can move the price of your own tokens.

Token vesting releases allocated tokens gradually over time instead of all at once, usually with a TGE unlock, a cliff and linear monthly vesting.

A cliff is a waiting period, often 6 or 12 months, during which no further tokens unlock after the TGE amount.

TGE stands for token generation event, the launch when tokens are first created and distributed.

Add the TGE unlock to the remaining tokens multiplied by months vested after the cliff divided by the vesting period.

Linear vesting releases the same number of tokens each period until the full allocation is unlocked.

Some contracts do, called a cliff catch-up. This calculator uses the common model where linear vesting starts after the cliff.

Unlocks add tradeable supply. If holders sell, the extra supply can push the price down.

Yes for simple cliff and monthly vesting, though equity grants often use a catch-up at the one-year cliff.

No. The calculation runs in your browser, and nothing you enter is sent anywhere unless you Save a result, which stays on this device only.

• Vesting (Wikipedia).
• Token economics (Wikipedia).
• Initial coin offering (Wikipedia).