MDAO Maker Project Information
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Through the MDAO Maker Project Statuses section, users can track details about their participating projects and monitor token distributions.
Use the "My Projects" filter to view your participation history.
Each project issues tokens in a certain order and the conditions of token distribution may be different for each project, for short it is called vesting.
After the token distribution period all tokens are sent according to vesting to users' wallets in Astra Wallet.
Useful information:
What is vesting and TGE
How do you get project tokens?
TGE (Token Generation Event) is an event where blockchain project tokens are created and issued. The TGE process includes multiple stages, from token creation on a smart contract and technical implementation to listing on cryptocurrency exchanges.
Vesting is the gradual distribution of project tokens to early investors, developers, or team members. Typically, vesting involves releasing a percentage of tokens in stages over a set period. In crypto and blockchain projects, vesting is often used to reduce the risk of mass token sales, which can negatively impact the token’s price, and to motivate the team and community to contribute to the project’s growth.
Cliff and Lock-up are two terms often used in token vesting and distribution. These mechanisms help projects control token allocation and encourage long-term participant involvement.
Cliff is a period when no tokens are distributed.
Lock-up is a period during which tokens cannot be sold or transferred after being received.
*TGE and vesting conditions may change at the project’s discretion and are not controlled by the MDAO Maker platform.
After the TGE, project tokens are sent to Astra Wallet.
According to the vesting conditions, tokens may be distributed gradually, meaning they are not fully allocated at TGE but released in specific portions over time.
For example, Project X has a scheduled TGE in Q1 2025 with the following vesting schedule: TGE — 5%, lock-up period — 1 month, monthly unlock — 15%.
This means that Q1 2025 marks the beginning of token creation and distribution to the public, including public sales and exchange listings.
Suppose the TGE is set for January 1, 2025.
The vesting schedule would be as follows: upon token issuance on January 1, 2025, 5% of the total distributed tokens will be sent to wallets, followed by a one-month lock-up period until February 1, 2025 (no tokens will be credited during this time). After the lock-up period, 15% of the remaining undistributed tokens will be distributed every month, starting March 1, 2025.
Project tokens are sent to Astra Wallet. Any token can be displayed in the wallet by adding it via its smart contract address.
