Vesting
Multyr contracts are deployed on Arbitrum One. The system is currently in validation phase. Deposits are not open to the public. Behavior described on this page reflects the protocol's designed behavior; some mechanisms are active in shadow testing, others become active at public launch. See the Status page for details.
MTRY token distribution follows predefined vesting schedules across different allocation categories.
These schedules define how tokens become available over time and shape circulating supply dynamics.
Overview
A significant portion of MTRY supply is subject to vesting.
This is designed to:
- align long-term incentives
- reduce immediate circulating supply
- ensure gradual token distribution
Vesting Structure by Category
Allocations below sum to 300,000,000 MTRY (total supply).
Early Participants — 85,000,000 MTRY (28.33%)
This category includes earliest capital contributors, combining pre-token allocations and strategic participants.
| Sub-allocation | Amount | Cliff | Linear Vesting |
|---|---|---|---|
| Pre-token allocations | ~40,000,000 | 6 months | 18 months |
| Strategic — Standard | ~27,000,000 | 6 months | 18 months |
| Strategic — Extended | ~18,000,000 | 6 months | 24 months |
Strategic Extended schedules apply to larger allocations.
Team & Contributors — 51,000,000 MTRY (17%)
- Cliff: 12 months
- Vesting: 36 months (linear after cliff)
Growth & Marketing is part of this 51M Team & Contributors pool.
This structure aligns the team with long-term protocol development.
Core contributors and performance-based allocations follow the same vesting envelope, with distribution handled via the VestingManager contract.
Advisors & Partners — 15,000,000 MTRY (5%)
| Sub-allocation | Amount | Cliff | Linear Vesting |
|---|---|---|---|
| Advisors — Standard | ~10,500,000 | 6 months | 18 months |
| Advisors — Short | ~4,500,000 | 6 months | 18 months |
Ecosystem — 29,000,000 MTRY (9.67%)
Distribution follows controlled emission rather than fixed vesting.
Emission is subject to:
- a global vesting unlock cap (≤ 2% of total supply per month across all categories — see Parameters); this is a cap on total unlocks, not on ecosystem emission rate
- ecosystem emission specifically is subject to a separate governance-defined cap (≤ 3% per year)
- governance parameters
- system conditions
Ecosystem allocation funds referral rewards, partner incentives, and growth campaigns through the RewardsVault and IncentivesEngine.
Liquidity — 45,000,000 MTRY (15%)
These tokens are not subject to standard vesting schedules.
They are managed dynamically for:
- liquidity provisioning on DEXes
- market stability
- trading support
Controlled by the Liquidity Safe.
Treasury / Reserve — 75,000,000 MTRY (25%)
Treasury tokens are not subject to vesting schedules.
They are controlled through:
- governance processes (SAFE_GOV 3/5 + ROOT_TIMELOCK 48h)
- the Treasury Safe (3/5 multisig — see Addresses)
- defined usage constraints
Treasury allocation supports protocol-owned capital accumulation, initial strategy seeding, and long-term economic alignment.
Total Allocation
| Category | Amount | % |
|---|---|---|
| Treasury | 75,000,000 | 25% |
| Liquidity | 45,000,000 | 15% |
| Early Participants | 85,000,000 | 28.33% |
| Team & Contributors | 51,000,000 | 17% |
| Ecosystem | 29,000,000 | 9.67% |
| Advisors & Partners | 15,000,000 | 5% |
| Total | 300,000,000 | 100% |
Circulating Supply Dynamics
At early stages:
- circulating supply may be limited
- a large portion of tokens remains locked
Over time:
- tokens unlock progressively
- circulating supply increases
The rate of increase depends on vesting schedules and emission policies.
Distribution Characteristics
The vesting system is designed to:
- avoid large one-time unlock events
- distribute tokens gradually over time
- differentiate between early and later participants
- align incentives across all stakeholders
Unlock Behavior
Token unlocks:
- occur progressively after cliff periods
- are distributed linearly over time
- may increase circulating supply
Unlock dynamics may affect market conditions depending on timing and scale.
Important Considerations
- vesting does not guarantee price stability
- unlock events may influence market supply
- different participant groups unlock at different times
- ecosystem emissions are controlled but not fixed
Governance
Vesting parameters and emission policies may be:
- defined at deployment
- adjusted through governance mechanisms
- subject to timelock and control processes
Vesting should be considered when evaluating circulating supply, token dynamics, and long-term alignment within the protocol.