Emission schedule
An emission schedule defines how and when new or previously reserved tokens are introduced into circulation.
✦ Key Insight
Emissions can dilute existing holders and influence incentives, security budgets, liquidity, and circulating supply. Readers should compare the emission rate with burns, demand, and unlocks rather than looking at a single supply number.
✕ Common Misconceptions
Do not confuse emissions with vesting. Vesting controls access to an existing allocation, while emissions often describe new issuance or scheduled distribution. In practice, project dashboards may group both under "unlocks," so read the methodology.
Detailed Explanation
In Practice
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Circulating Supply
The number of tokens currently available to trade, excluding locked, reserved and unissued tokens.
Tokenomics
Tokenomics describes how a crypto token's supply, distribution, incentives, and utility are designed to influence how the token functions over time.
Vesting
Vesting is a schedule that delays when allocated tokens become available to a team, investor, contributor, or other beneficiary.
Burn
A token burn permanently removes tokens from spendable supply according to the token or protocol's rules.