Beldex (BDX)
Unlock Schedule
Beldex (BDX) Token Unlock & Vesting Schedule
The unlock chart above provides a clear visual overview of the Beldex (BDX) token release schedule, showing when and how tokens enter circulation across investor, team, treasury, and community allocations. Understanding these tokenomics dynamics is critical for evaluating potential supply pressure, inflation impact, and market liquidity over time — key factors that can influence BDX price performance.
Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.
Tokenomics & Utility
Supply and emissions
Public materials describe Beldex with a total supply near 9.93 billion BDX and ongoing emissions via PoS block rewards. A portion of on‑chain fees is burned (for example, fees from “Flash” transactions and BNS name operations), creating a structural offset to issuance. The explorer exposes running burn totals and BNS counts. (coinmarketcap.com)
Masternode economics
- Collateral: 10,000 BDX per masternode (self‑hosted or via third‑party hosting).
- Rewards: 10 BDX per block distributed by queue; 62.5% to masternodes, 37.5% to governance.
- Locking: collateral is time‑locked with an additional waiting period on unlock requests. (beldex.io)
In‑network uses for BDX
- Pay transaction fees on the Beldex blockchain.
- Register/renew BNS names and MNApps addresses.
- Run masternodes or contribute to pooled masternodes.
- In‑app actions like sending BDX inside BChat.
These utilities tie BDX demand to the activity of the Beldex dApp suite. (beldex.io)
Funding and allocations
In March 2023, Beldex disclosed a $25M token sale to DWF Labs from the seed/VC allocation (vested over two years), aimed at R&D and ecosystem growth. Public posts detail the seed and VC pool size and the portion allocated. (beldex.io)
Assumptions
- Supply is effectively uncapped post-PoS because 10 BDX are minted per block indefinitely unless changed by governance.
Official docs/blog state 10 BDX minted per approved block under PoS with no specified terminal supply.
- Ecosystem Development releases continue quarterly at 130.68M BDX until the wallet is exhausted.
Team has executed 15 identical quarterly releases through 2025-09-30 and originally guided a recurring quarterly release; remaining balance implies ~15 more quarters plus a final smaller tranche.
- Marketing spend between 2022-01-13 and 2023-11-30 is modeled linearly (833M BDX) to reconcile reported wallet balances.
Official posts disclose 297M released by Q3 2022, 120M in Q4 2023, 20M in Q1 2024, and 17M remaining by Q2 2024; intermediate per-event breakdowns were not all published.
- Seed & VC remaining 214.5M BDX is modeled as a future cliff for accounting only.
Official posts give remaining balance but not an explicit vesting cadence; the placeholder ensures allocation totals validate.
- PoW issuance estimated at 2 BDX per 120-second block from 2019-01-31 to 2021-12-10.
Pre-PoS reward referenced as 2 BDX in official press; early explorer pages show small initial rewards but effect is negligible relative to total.
- Pre-PoS circulating allocation equals 30% of 9.9B minus PoW issuance to avoid double counting.
Updated tokenomics list 30% ‘Circulation’; PoW rewards are a subset of that circulation.
- Burns (fees, BNS purchases) are excluded from allocations because they reduce supply rather than release it.
BNS/fee burns are documented and visible on-chain but are outflows, not inflows to circulation.
- 1. https://explorer.beldex.io/page/238885
- 2. https://explorer.beldex.io/tx/71a62126bc81b82a546717095df9b4ed329d722caa15d00f0ba9606a302743b5
- 3. https://github.com/beldex-coin/beldex/releases
- 4. https://beldexcoin.medium.com/bucephalus-hard-fork-update-17e612b88155
- 5. https://beldex.io/blog/an-overview-of-consensus-in-beldex
- 6. https://beldex.io/masternode
- 7. https://www.nasdaq.com/press-release/beldex-pos-chain-launches-with-bucephalus-hard-fork-2021-11-30
- 8. https://beldexcoin.medium.com/beldex-tokenomics-a9a8001c783b
- 9. https://beldex.io/blog/bdx-scheduled-release-september-2023/
- 10. https://beldex.io/blog/bdx-scheduled-release-update-june-30-2023/
- 11. https://beldex.io/blog/bdx-scheduled-release-december-2024/
- 12. https://beldex.io/blog/bdx-scheduled-release-june-2024/
- 13. https://beldex.io/blog/bdx-scheduled-release-march-2024/
- 14. https://beldexcoin.medium.com/bdx-scheduled-release-september-30-2025-d56467691f32
- 15. https://beldex.io/blog/what-is-the-bern-hard-fork/