5. Allocation & Vesting

5.1 Allocation Overview

The $M87CS token supply of TBD is distributed across stakeholder categories that reflect the economic functions of the ecosystem. Each allocation is designed to balance early financing needs, long-term sustainability, player incentives, and treasury flexibility.

Category	%	Unlocks & Vesting
Angel Round	10%	5% TGE, 6m cliff, 36m monthly vesting
Seed Round	7.5%	5% TGE, 3m cliff, 18m monthly vesting
Private Round	5.1%	5% TGE, 3m cliff, 24m monthly vesting
Public Sale	5%	100% unlocked at TGE
Team	5%	0% TGE, 9m cliff, 48m monthly vesting
Advisors	2%	1% TGE, 3m cliff, 24m monthly vesting
Liquidity/MM	9%	20–30% TGE, balance over 12m
Rewards Pool	35%	Streamed over 5 years
Community Growth	7%	Flexible
Reserve Fund	14.4%	12m cliff, 36m quarterly vesting

5.2 Vesting Mechanics

The vesting framework ensures that supply enters circulation gradually, aligning incentives and protecting the token from early volatility:

• Cliffs prevent immediate sell-offs by locking allocations for an initial period (6 months for Angel, 3 months for Seed/Private, 9 months for Team).

• Linear Vesting distributes tokens monthly after the cliff expires, creating predictability and reducing supply shocks.

• Rewards Pool Emissions are streamed continuously over five years, tied to user activity and lock-at-claim mechanics to discourage instant liquidation.

• Flexible Campaigns (Community Growth, Reserve Fund) provide discretionary tools for acquisition and treasury stability, but are safeguarded by governance rules and delayed unlocks.

5.3 Monthly Unlock Dynamics (0–72 Months)

The unlock schedule creates a predictable flow of circulating supply:

• Months 0–6 (TGE to early stage): circulation limited to ~5% of tokens supply, mainly from the Public Sale and partial Liquidity allocation. Early investor allocations remain locked.

• Months 6–12: cliffs expire for Seed and Private rounds, structured monthly vesting.

• Months 12–24: Reserve Fund and Rewards Pool emissions begin to contribute significantly, expanding circulation toward ~35–40% of supply.

• Months 24–72: long-term vesting of Angel, Team, and Advisor allocations gradually increases supply, while the Rewards Pool continues streaming emissions tied to venue adoption.

This model keeps the tradable float tight in the early stages, allowing the ecosystem to build momentum before larger allocations unlock.