BendDAO (BEND)
Unlock Schedule
BendDAO (BEND) Token Unlock & Vesting Schedule
The chart shows gross modeled releases of every allocation: vesting unlocks, new issuance and reserve distributions, each allocation counted once. These have different meanings; a scheduled release is not evidence that tokens entered circulation or were sold. Review the coverage, sources and assumptions below.
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.
Assumptions
BendDAO reports an initial supply of 10 billion BEND divided among its team, public offering, treasury, airdrop and two incentive programs. Its updated team schedule provides dated continuous vesting through May 2026; the original LP and lending/borrowing plans describe longer linear vesting, but their actual reward payments are not fully established. Public-sale timing within the offering, optional buyer lockups, airdrop claims, treasury spending and bounty payments remain partly or wholly undated. The chart can show the initial supply and documented or explicitly estimated vesting separately, but it cannot treat every budgeted token as a verified payment to a recipient.
- Initial Fair-launch Offering (10%): The sources give the amount but no release dates.
- Initial Fair-launch Offering (10%): Releases depend on recipients claiming tokens or on grants being awarded.
- Original Treasury Reserve (21%): Releases depend on future governance or treasury decisions.
- Bug Bounty Reserve (treasury-funded subset; about 1.67% of initial supply): Releases depend on recipients claiming tokens or on grants being awarded.
- NFT Community Airdrop (5%): Releases depend on recipients claiming tokens or on grants being awarded.
- Uniswap LP Incentive (3%): Releases depend on future governance or treasury decisions.
- Lend/Borrow Incentive (40%): New issuance depends on network activity, such as staking, so it cannot be dated in advance.
- 1. https://github.com/BendDAO/bend-gitbook-portal/blob/main/governance/bendenomics.md
- 2. https://medium.com/@BendDAO/benddao-fair-launch-fcb1e3c5e4a3
- 3. https://github.com/BendDAO/bend-gitbook-portal/blob/main/developers/bug-bounty.md
- 4. https://www.benddao.xyz/
- 5. https://ethereum.routescan.io/token/0x0d02755a5700414B26FF040e1dE35D337DF56218/contract/readProxyContract
- 6. https://mintventures.fund/benddao-the-crisis-and-opportunities-of-the-nft-lending-avant-garde.pdf
Allocations
Parts of this allocation with their own release dates are charted as their own allocations; the chart shows the rest here.
Not yet scheduled: 3,100,000,000 tokens of its parts have no release date yet. The chart shows them as TBD from today, not as unlocked.