Token Vesting

Releasing a project's tokens (to team, investors, treasury) gradually over time rather than all at once, to align insiders and prevent immediate dumping — using cliffs (an initial no-unlock period) and linear vesting (gradual release). This creates the gap between circulating supply (tradable now) and fully-diluted supply (all tokens that will exist); scheduled unlocks add sellable supply, a real supply-side factor (not a price prediction). A low circulating supply with high FDV signals supply waiting to unlock.