DeFi

Emission Schedule

The planned rate at which new tokens are minted and distributed over time, typically defined in a project's tokenomics documentation. Emission schedules cover staking rewards, ecosystem incentives, and team/investor unlocks. SOL's emission schedule started at 8% annual inflation, decreasing 15% per year toward a long-term rate of 1.5%. High emissions relative to demand create sell pressure.

IDemission-schedule

Plain meaning

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The planned rate at which new tokens are minted and distributed over time, typically defined in a project's tokenomics documentation. Emission schedules cover staking rewards, ecosystem incentives, and team/investor unlocks. SOL's emission schedule started at 8% annual inflation, decreasing 15% per year toward a long-term rate of 1.5%. High emissions relative to demand create sell pressure.

Mental model

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Think of it as a market mechanic used to price, route, or move capital through liquidity apps.

Technical context

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AMMs, routing, liquidity, lending, and trading infrastructure.

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Emission Schedule (emission-schedule)
Category: DeFi
Definition: The planned rate at which new tokens are minted and distributed over time, typically defined in a project's tokenomics documentation. Emission schedules cover staking rewards, ecosystem incentives, and team/investor unlocks. SOL's emission schedule started at 8% annual inflation, decreasing 15% per year toward a long-term rate of 1.5%. High emissions relative to demand create sell pressure.
Related: Tokenomics, Max Supply, Vesting
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Branch

Tokenomics

The economic design of a cryptocurrency token: supply schedule, distribution, utility, incentive mechanisms, and value accrual. Key parameters: total/circulating supply, inflation/deflation, vesting schedules, staking rewards, fee burning, and governance rights. Good tokenomics aligns incentives between users, developers, and token holders. AI tools increasingly help analyze tokenomics models.

Branch

Max Supply

The absolute maximum number of tokens that can ever exist for a given token. Max supply is either enforced programmatically (by revoking mint authority after initial minting) or defined as a cap in the tokenomics design. For example, SOL has no hard max supply due to ongoing inflation, while many project tokens have a fixed max supply set at TGE. Max supply is used to calculate fully diluted valuation.

Branch

Vesting

A token distribution mechanism that gradually unlocks tokens to recipients over a predefined schedule rather than all at once. Vesting aligns long-term incentives for team members, investors, and advisors by preventing immediate selling. Typical vesting schedules on Solana range from 1-4 years. On-chain vesting programs (e.g., Streamflow, Bonfida) lock tokens in escrow accounts and release them according to the schedule.

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AI / ML

Tokenomics

The economic design of a cryptocurrency token: supply schedule, distribution, utility, incentive mechanisms, and value accrual. Key parameters: total/circulating supply, inflation/deflation, vesting schedules, staking rewards, fee burning, and governance rights. Good tokenomics aligns incentives between users, developers, and token holders. AI tools increasingly help analyze tokenomics models.

DeFi

Max Supply

The absolute maximum number of tokens that can ever exist for a given token. Max supply is either enforced programmatically (by revoking mint authority after initial minting) or defined as a cap in the tokenomics design. For example, SOL has no hard max supply due to ongoing inflation, while many project tokens have a fixed max supply set at TGE. Max supply is used to calculate fully diluted valuation.

DeFi

Vesting

A token distribution mechanism that gradually unlocks tokens to recipients over a predefined schedule rather than all at once. Vesting aligns long-term incentives for team members, investors, and advisors by preventing immediate selling. Typical vesting schedules on Solana range from 1-4 years. On-chain vesting programs (e.g., Streamflow, Bonfida) lock tokens in escrow accounts and release them according to the schedule.

DeFi

Fair Launch

A token distribution method where there is no pre-mine, private sale, or insider allocation—all participants have equal opportunity to acquire tokens from the start. Fair launches aim to prevent concentrated ownership and VC dumping on retail buyers. On Solana, Pump.fun's bonding curve model approximates a fair launch, though early buyers still have a price advantage.

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AI / MLtokenomics

Tokenomics

The economic design of a cryptocurrency token: supply schedule, distribution, utility, incentive mechanisms, and value accrual. Key parameters: total/circulating supply, inflation/deflation, vesting schedules, staking rewards, fee burning, and governance rights. Good tokenomics aligns incentives between users, developers, and token holders. AI tools increasingly help analyze tokenomics models.

DeFimax-supply

Max Supply

The absolute maximum number of tokens that can ever exist for a given token. Max supply is either enforced programmatically (by revoking mint authority after initial minting) or defined as a cap in the tokenomics design. For example, SOL has no hard max supply due to ongoing inflation, while many project tokens have a fixed max supply set at TGE. Max supply is used to calculate fully diluted valuation.

DeFivesting

Vesting

A token distribution mechanism that gradually unlocks tokens to recipients over a predefined schedule rather than all at once. Vesting aligns long-term incentives for team members, investors, and advisors by preventing immediate selling. Typical vesting schedules on Solana range from 1-4 years. On-chain vesting programs (e.g., Streamflow, Bonfida) lock tokens in escrow accounts and release them according to the schedule.

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DeFi

AMM (Automated Market Maker)

A protocol that enables token swaps using algorithmic pricing against pooled liquidity instead of matching individual buyers and sellers. AMMs use mathematical formulas (typically constant product x*y=k) to determine prices based on the ratio of tokens in a liquidity pool. On Solana, major AMMs include Raydium, Orca, and Meteora.

DeFi

CLMM (Concentrated Liquidity Market Maker)

An AMM design where liquidity providers concentrate their capital within specific price ranges instead of across the full 0-to-infinity range. CLMMs dramatically improve capital efficiency—LPs earn more fees per dollar deposited within their active range. If the price moves outside the range, the position becomes inactive. Orca Whirlpools and Raydium CLMM are leading implementations on Solana.

DeFi

Liquidity Pool

A smart-contract-held reserve of two or more tokens that enables trading via an AMM. Users deposit token pairs in specified ratios to become liquidity providers and earn trading fees. Pools are identified by their token pair and fee tier. Pool depth (total value locked) determines price impact for trades.

DeFi

LP Token

A token issued to liquidity providers representing their proportional share of a pool's reserves and accrued fees. LP tokens can be burned to withdraw the underlying assets. The value of LP tokens changes as the pool's token ratios shift and fees accumulate. LP tokens are often stakeable in yield farming programs for additional rewards.