Linear vesting is a method used to gradually distribute tokens or coins to team members, advisors, or early investors in a cryptocurrency project over a specific period of time. The distribution is done in a linear fashion, which means that a fixed amount of tokens is released at regular intervals until the full allocation has been distributed.
For example, if a project has a linear vesting period of 12 months for a team member with a total token allocation of 12,000 tokens, then 1,000 tokens will be released to the team member every month for a year. This ensures that the tokens are not dumped all at once on the market, which can lead to price volatility and other issues.
Linear vesting helps incentivize team members to stay committed to the project for the long term, as they receive their token allocation gradually over time. It also helps maintain the stability of the token price by preventing large amounts of tokens from being released into the market at once.
