Encyclopedia DeFi · Entry 151
Token unlocks and vesting: when restricted supply becomes available
In this article
At a glance
Key facts
| Fact | Detail | Source |
|---|---|---|
| Schedule | OpenZeppelin VestingWallet computes a vested amount over time. | [1] |
| Release | Vested and already released amounts determine what can be claimed. | [1] |
| Control | The cited implementation’s ownership can be transferred, so the beneficiary position can change. | [1] |
A schedule and a claim are separate events
Consider a hypothetical 1,200-token allocation vesting linearly over 12 months with no cliff. After six months, 600 may be vested under the simplified schedule. If 400 were already released, another 200 would be releasable.
Actual contracts may use different time units, cliffs or vesting functions. Read the implementation before applying the example.
An unlock can change circulation without minting
Tokens already held in a vesting contract can be part of totalSupply before the beneficiary can claim them. Releasing them moves existing units rather than necessarily creating new ones.
A provider’s circulating-supply definition may count the allocation differently. Keep that convention separate from the contract’s raw supply field.
Read the powers around the schedule
Check whether the beneficiary can change, whether ownership can be sold, and whether custom code permits revocation or schedule changes. OpenZeppelin’s documentation warns that ownership transfer can enable sale of an unvested position.
A published chart is weaker evidence than matching deployed contract rules and balances. It also does not prove that every unlocked token will be sold.
Direct answers
Questions people ask
Does an unlock automatically send tokens to an exchange?
No. It changes availability under the arrangement. Claiming, transferring and selling are separate actions that require their own evidence.
Inspect the evidence
The answer and key facts have stable claim links. These records retain the scope and qualification when reused.
Vesting controls when an allocation becomes releasable under a schedule; an unlock makes tokens transferable or claimable under the relevant arrangement. It does not necessarily mint new tokens or cause an immediate sale. Inspect the contract, beneficiary, schedule, revocation rights and whether the allocation was already counted in supply.
Scope: DeFi · data through 2026-10-02. Verification: verified · 2026-10-02T18:15:18.493Z.
Link to this claimSchedule: OpenZeppelin VestingWallet computes a vested amount over time.
Scope: DeFi · data through 2026-10-02. Verification: verified · 2026-10-02T18:15:18.493Z.
Link to this claimRelease: Vested and already released amounts determine what can be claimed.
Scope: DeFi · data through 2026-10-02. Verification: verified · 2026-10-02T18:15:18.493Z.
Link to this claimControl: The cited implementation’s ownership can be transferred, so the beneficiary position can change.
Scope: DeFi · data through 2026-10-02. Verification: verified · 2026-10-02T18:15:18.493Z.
Link to this claimRevision history
- — First publication after primary-source research and independent automated verification.
Source register
Sources and references
Retrieval dates and locators are recorded individually.- VestingWalletOpenZeppelin
Vesting schedules, releasable balances and ownership transfer.
Locator: VestingWallet; vestingSchedule; release · Version / scope: OpenZeppelin Contracts 5.x · Retrieved: 2026-10-02T17:03:46.020ZOpen source - ERC-20 Token StandardEthereum Improvement Proposals
Token supply, displayed units and balance accounting.
Locator: totalSupply; balanceOf; transfer; decimals; approve; allowance; transferFrom; Transfer · Version / scope: ERC-20 · Retrieved: 2026-10-02T17:03:45.826ZOpen source
Research and drafting use AI assistance. A separate automated review checks claims against primary sources; no external expert or named human review is implied. Publication, substantive editing, source retrieval and verification are recorded separately. This version was independently checked by an automated reviewer on 2 October 2026.
Editorial method and correctionsDegrees of Satoshi editorial project. “Token unlocks and vesting: when restricted supply becomes available.” Published 2026-10-02; updated 2026-10-02. https://degreesofsatoshi.com/encyclopedia/token-unlocks-and-vesting/