According to Odaily, Taiko has just released details of its TAIKO token locking and vesting plan. Token distribution will be carried out as follows: investors will receive 11.62% of the total token supply, while the Taiko Labs core team will receive 9.81695% of the total supply during the initial execution phase.
This vesting and unlocking schedule is designed for a period of four years, starting with a 12-month initial lockup period beginning with the Token Generation Event (TGE) on June 5, 2024. Once the initial lockup period is complete, 25% of vested tokens will be unlocked , and the remainder, namely 75%, will be released gradually over the next three years.
The goal of this structure is to encourage long-term commitment, reduce potential market volatility, and align stakeholder rewards with the long-term success of the project. Tokens will be released in stages: green tokens have been released, yellow tokens will be released in 2-4 years, and orange tokens will follow a strict release schedule, available one year after launch and released in stages over three years until fully liquid four years post-TGE.
Additionally, pink tokens are reserved for protocol development, DAO governance, and proof-of-stake network, with full distribution expected to take place over five years.