According to Odaily Planet Daily, Taiko announced the details of the TAIKO token lock-up and vesting plan:

1. Token distribution arrangement:

Investors: 11.62% of total token supply

Taiko Labs Core Team (First Execution): 9.81695% of the total token supply

2. Vesting and unlocking schedule:

Vesting period: 4 years

Initial lock-in: 12 months from TGE

TGE Date: June 5, 2024

After the initial lock-up period: 25% of vested tokens can be unlocked

The remaining 75% unlocks linearly over the next 3 years

The purpose of this structure is to:

- encourage long-term commitment;

- Mitigate potential market volatility;

-Align stakeholder returns with the long-term success of the project.