Vesting & Locking Mechanism
BARK SPL-20 Token
Ensuring Long-Term Commitment and Stability with BARK Token Vesting
To bolster the long-term success and stability of the BARK Protocol, we have implemented a structured vesting schedule for BARK (SPL-20) token distribution. This approach aligns the interests of team members, developers, advisors, and reserve holders with the protocol’s enduring growth and stability.
How this vesting schedule supports our strategic objectives:
1. Aligning Stakeholder Interests
Gradual Unlocking: Tokens allocated to team members, developers, advisors, and reserves will be gradually unlocked over a specified period. This approach ensures that stakeholders have a sustained interest in the long-term success of the BARK Protocol.
Commitment to Success: By aligning token release with the project’s milestones and long-term goals, we incentivize stakeholders to contribute to the project's growth and stability over an extended period.
2. Promoting Market Stability
Controlled Supply: The vesting schedule regulates the pace at which tokens enter circulation, reducing market volatility and preventing abrupt changes in token supply that could destabilize the market.
Stable Token Value: A predictable token release schedule helps maintain a stable value, creating a more reliable investment environment and enhancing the overall value proposition of BARK tokens.
3. Encouraging Long-Term Engagement
Incentive for Continued Contribution: The vesting schedule motivates stakeholders to remain actively engaged with the BARK Protocol, as their tokens are gradually unlocked based on their continued involvement and contribution.
Sustained Effort: This approach ensures that stakeholders remain committed to the protocol’s long-term objectives, fostering ongoing efforts and alignment with the project’s growth strategy.
4. Strategic Allocation and Planning
Phased Distribution: Tokens are distributed in phases according to the vesting schedule, supporting strategic planning and aligning with the protocol’s growth objectives while maintaining market equilibrium.
Adaptive Approach: The vesting plan is flexible and can be adjusted to accommodate changing market conditions and project needs, ensuring effective token management over time.
5. Building Trust and Confidence
Transparent Process: The clear vesting schedule enhances transparency and builds trust with investors and stakeholders by demonstrating our commitment to responsible token management and long-term planning.
Reinforcing Integrity: Adhering to a structured vesting plan reinforces the integrity of the BARK Protocol and its governance framework, ensuring stakeholder confidence in the project’s dedication to its long-term goals.
Details of BARK Token Locking and Vesting
Total Locked Amount: 3 billion BARK
Max Supply: 18,446,744,073.70 billion BARK
Vested Airdrop : 376.000.000M BARK
Total Tokens Vested and Locked (TBA): ~10.476 billion BARK
Lock Period: 1 year
Platform: Managed by StreamFlow Finance
Contract ID: 2YyQyPwv9JewV3LZgZcsSu3BFqF6Td6r5yX9XakLgNei
Benefits to Investors and BARK Token Holders
Locking 3 billion BARK tokens offers significant advantages for investors and token holders:
1. Enhanced Market Stability
Reduced Circulating Supply: By decreasing the number of tokens actively traded, we stabilize the market, making BARK tokens less prone to abrupt fluctuations.
Predictable Value Proposition: A stable supply contributes to a more predictable market environment, fostering long-term trust in the BARK Protocol.
2. Increased Investor Confidence
Commitment to Long-Term Success: Demonstrating our commitment through token locking reassures investors of our dedication to maintaining the project's value and integrity.
Boosted Trust: This move reinforces investor confidence and showcases our commitment to the BARK Protocol’s success.
3. Reduced Price Volatility
Controlled Token Release: Gradual token release prevents sharp price fluctuations, contributing to a more stable investment environment.
Smoother Market Dynamics: Managing token supply promotes a less volatile market experience, benefiting both short-term and long-term holders.
4. Support for Long-Term Vision
Sustainable Growth: Token locking aligns with our goal of fostering sustainable growth within the BARK ecosystem, demonstrating our long-term vision and strategic planning.
Strategic Impact: This initiative supports broader objectives, creating a resilient ecosystem that benefits the community and the market.
5. Opportunity for Project Tokens and NFTs
Expansion Potential: A controlled token supply opens opportunities for new project-related tokens and NFTs, driving innovation within the BARK Protocol.
Value Creation: Effective token management enhances the utility and attractiveness of the BARK Protocol, creating new avenues for value creation.
Vesting Process
To promote sustainable and responsible token distribution, the BARK Protocol introduces a Vesting and Token Locking process. This approach mitigates market volatility and supports the project’s long-term growth.
Key Aspects
Promoting Stability: Gradual token release reduces market volatility and prevents sudden influxes that could negatively impact value.
Encouraging Long-Term Commitment: The vesting schedule aligns investor interests with the protocol’s long-term success.
Building Trust: A transparent vesting process enhances trust and demonstrates responsible token management.
Preventing Immediate Sell-Offs: Gradual unlocking reduces the risk of large sell-offs, protecting the project’s market presence.
Supporting Ecosystem Growth: Steady token release supports ongoing development and community initiatives.
Vesting Schedule for Long-Term Commitment
The vesting schedule details will outline the phased distribution of tokens to various stakeholder groups, including:
Vesting Period: Duration over which tokens are distributed.
Cliff Period: Initial phase before token distribution begins.
Release Frequency: How often tokens are distributed after the Cliff Period.
Total BARK Tokens Allocated: Number of tokens designated for each group.
Team Members
Core Team
1 years
-
20% Monthly
2.76 billion
To incentivize long-term contribution and commitment from core team members.
Link: Contract
Partnerships (TBA)
Strategic Partners
1 years
3 months
Monthly
2.5 billion
To foster long-term collaborations and partnerships.
Link: Contract
Development Fund (TBA)
Development Team
2 years
1 year
Monthly
3.5 billion
To ensure continuous development and innovation within the protocol.
Link: Contract
Reserve Fund (TBA)
Protocol Reserve
2 years
1 years
Annually
1.25 billion
To provide a safety net and ensure financial stability of the protocol.
Link: Contract
Explanation of Terms:
Vesting Period: The Vesting Period refers to the total duration over which BARKs allocated to stakeholders will be gradually distributed. This period is defined to incentivize long-term commitment and alignment of interests with the BARK Protocol and project's goals.
Cliff Period: The Cliff Period is an initial phase within the Vesting Period during which no BARK tokens are released. It serves as a buffer before token distribution begins, ensuring stakeholders have a vested interest in the project's success over a sustained period.
Release Frequency: Release Frequency indicates how often tokens are distributed to stakeholders after the Cliff Period ends and the Vesting Period commences. This frequency can vary based on the specific terms outlined in the vesting schedule.
Total BARK Tokens Allocated: Total BARK tokens Allocated refers to the overall number of BARK tokens designated for distribution among stakeholder groups according to the vesting schedule. This allocation is strategically planned to align with the responsibilities and contributions of each group.
Purpose: The Purpose behind the allocation and vesting schedule for each stakeholder group is rooted in fostering stability, incentivizing long-term commitment, and aligning interests with the project's growth trajectory. By gradually distributing tokens over time, the BARK Protocol / BARK aims to ensure sustainable development, mitigate market volatility, and build trust within its community and investor base.
These terms collectively outline the structured approach taken by the BARK Protocol to manage BARK distribution responsibly, promote long-term value creation, and support the sustainable growth of its ecosystem.
Conclusion
The structured vesting schedule for BARK tokens ensures long-term commitment, market stability, and sustained stakeholder engagement. By gradually unlocking tokens, we align interests, promote stability, and reinforce our dedication to the BARK Protocol’s ongoing success. This approach supports a balanced and transparent token distribution, fostering confidence and trust within the ecosystem.
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