Casper Network (CSPR)
Unlock Schedule
Casper Network (CSPR) Token Unlock & Vesting Schedule
The unlock chart above provides a clear visual overview of the Casper Network (CSPR) 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 CSPR 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 issuance
CSPR is the chain’s native asset. Genesis supply was 10 billion CSPR. Casper targets ongoing issuance to reward stakers, with token creation scheduled per era rather than per block. Documentation describes a long‑run supply growth target of about 8% annually, distributed as staking rewards. (docs.casper.network)
Staking mechanics
Casper uses a validator auction to select the active set each era. Holders can participate by delegating CSPR to validators and earning a share of the rewards they produce. Rewards are calculated and paid each era, and unbonding requires waiting seven eras (roughly 14–16 hours on mainnet). During unbonding, tokens are locked and not earning new rewards. (docs.casper.network)
Casper’s docs note that, at present, slashing for equivocation is disabled on mainnet; misbehaving validators can be evicted from the set and thus stop earning. This policy can change through governance, so validators’ performance and reliability remain important when choosing where to delegate. (docs.casper.network)
What CSPR is used for
CSPR has three core functions:
- Pay for gas and on‑chain operations.
- Secure the network through staking and delegation.
- Provide voting power indirectly via validator governance, since validators vote on proposals on behalf of their delegators. (docs.casper.network)
Governance
Casper runs protocol changes through proposals and on‑chain voting by validators. Recent topics surfaced in community channels include enabling default fee‑elimination settings, activating or changing burn behavior for CSPR, and defining minimum validator commission rules to encourage sustainable operations. (docs.casper.network)
Assumptions
- Supply is uncapped; modeled PoS issuance through 2025-10-27 at 8% annual.
Casper docs specify a target annual supply growth rate of 8% with rewards paid each era; no hard cap stated.
- Developer Incentives beyond the 500M genesis seed are modeled as linear over six years.
Casper Association stated 'up to another 1.1B over the next 6 years' without a granular cadence; linear approximation used for monthly modeling.
- Casper Association allocation set to 13.2% (1.32B) as residual to sum known genesis allocations to 10B.
Official sources give exact figures for public sales (1.7B), developer incentives (1.6B), and widely cited values for validator sales (≈2.98B), CasperLabs (1.0B), team (0.8B), advisors (0.6B). Multiple third-party sources disagree on Association percent (12.6–14.3%). Residual approach reconciles totals; vesting split modeled as 7% genesis + 6.2% over 60 months after 1-year lock.
- Team vest follows exchange-disclosed schedule starting day 91 after mainnet with a 2/36 then 1/36 structure.
AscendEX help center and sale materials describe this vesting; no conflicting official Casper doc found.
- Advisor vesting modeled as 6-month cliff then 5-year linear.
No primary Casper source with exact advisor vesting; Messari and other aggregators cite similar schedules; treated as low confidence placeholder for monthly modeling.
- Private Validator Sale release modeled as a single linear window from 2021-06-29 to 2021-09-27.
Casper docs state founding validators had 90-day lock then linear weekly release over 90 days; consolidated monthly per requirements.
- 1. https://coinlist.co/casper
- 2. https://blog.coinlist.co/announcing-caspers-community-members-token-sale-on-coinlist/
- 3. https://www.casper.network/news/casper-mainnet-is-live
- 4. https://www.casper.network/news/casper-celebrates-1-year-since-mainnet-launch
- 5. https://docs.casper.network/next/concepts/economics/staking
- 6. https://docs.casper.network/next/concepts/design/rewards
- 7. https://docs.casper.network/concepts/economics/consensus
- 8. https://www.casper.network/news/update-on-circulating-supply
- 9. https://asdx.zendesk.com/hc/en-us/articles/1500009499241-Casper-CSPR
- 10. https://docs.casper.network/users/delegating