> For the complete documentation index, see [llms.txt](https://candora.gitbook.io/whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://candora.gitbook.io/whitepaper/can-token/vesting-contracts.md).

# Vesting Contracts

Release Schedules & Operational Framework

The CAN vesting framework is designed to align long-term stakeholder participation, moderate circulating supply expansion, and support stable post-launch market formation.

All lock periods (cliffs), programmatic unlocks, and linear vesting schedules commence at the Public Launch, defined as the exact moment CAN becomes publicly tradable on live secondary markets. No vesting clocks run and no tokens accumulate prior to this event.

<table><thead><tr><th width="179.21484375">Allocation Category</th><th width="86.2734375" align="right">Share</th><th width="93.5390625" align="right">TGE Unlock</th><th width="105.71484375" align="right">Cliff</th><th width="114.04296875" align="right">Vesting</th><th width="134.6953125">Release</th></tr></thead><tbody><tr><td>Private Seed Investors</td><td align="right">8%</td><td align="right">0%</td><td align="right">12 Months</td><td align="right">24 Months</td><td>3.3 % Monthly</td></tr><tr><td>Series A</td><td align="right">8%</td><td align="right">20%</td><td align="right">None</td><td align="right">16 Weeks</td><td>5% Weekly</td></tr><tr><td>Series B</td><td align="right">4%</td><td align="right">20%</td><td align="right">None</td><td align="right">12 Weeks</td><td>7.5% Weekly</td></tr><tr><td>Public Sale</td><td align="right">10%</td><td align="right">20%</td><td align="right">None</td><td align="right">8 Weeks</td><td>10% Weekly</td></tr><tr><td>Team &#x26; Contributors</td><td align="right">8%</td><td align="right">0%</td><td align="right">24 Months</td><td align="right">20 Months</td><td>4% Monthly</td></tr><tr><td>Ecosystem Growth</td><td align="right">22%</td><td align="right">5%</td><td align="right">3 Months</td><td align="right">36 Months</td><td>2.6% Monthly</td></tr><tr><td>Treasury Reserve</td><td align="right">14%</td><td align="right">0%</td><td align="right">12 Months</td><td align="right">60 Months</td><td>1.7% Monthly</td></tr><tr><td>Development &#x26; Security</td><td align="right">10%</td><td align="right">0%</td><td align="right">6 Months</td><td align="right">36 Months</td><td>2.8% Monthly</td></tr><tr><td>Community Incentives</td><td align="right">4%</td><td align="right">10%</td><td align="right">4 Months</td><td align="right">48 Months</td><td>1.9% Monthly</td></tr><tr><td>Liquidity Operations</td><td align="right">12%</td><td align="right">100%</td><td align="right">None</td><td align="right">None</td><td>Immediate</td></tr></tbody></table>

All vesting percentages are calculated against the remaining locked allocation following any applicable TGE unlock and continue automatically according to the designated release schedule until fully distributed.

Liquidity Operations tokens are reserved exclusively for exchange liquidity provisioning, market making, trading pair support, bridge liquidity, and other operational liquidity functions. These tokens are not allocated to investors, contributors, advisors, or team members.

The vesting framework is designed to balance ecosystem growth, market stability, long-term alignment, and sustainable token distribution while minimizing abrupt supply expansion and supporting long-term ecosystem development.