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  • Tokens
  • Casper Network (CSPR)

    11/13/2025 20:00 UTC

    $0.007

    % Today
    -7.19%

    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.

    Allocations

    Public Sale (CoinList Options 1–4)
    17.00%
    Percentage of total token supply
    95%
    How certain we are about this information
    1,700,000,000 tokens
    Linear vesting: Mar 28, 2022 - Sep 28, 2022 (monthly)
    Option 1: 12-month lock, then 6-month linear release starting Mar 28, 2022. During lock, tokens could be staked per sale terms; staking rewards modeled under PoS issuance.
    Linear vesting: Sep 28, 2021 - Mar 28, 2022 (monthly)
    Option 2: 6-month lock, then 6-month linear release starting Sep 28, 2021. During lock, tokens could be staked per sale terms; staking rewards modeled under PoS issuance.
    Cliff: May 7, 2021 — NaN% of allocation
    Option 3: Freely tradable 40 days after Mar 28, 2021 (May 7, 2021).
    Linear vesting: Apr 7, 2022 - Oct 7, 2022 (monthly)
    Option 4 Community Members Sale: 12-month lock, then 6-month linear release starting Apr 7, 2022.
    Private Validator Sale (Rounds 1–2)
    29.80%
    Percentage of total token supply
    90%
    How certain we are about this information
    2,980,000,000 tokens
    Linear vesting: Jun 29, 2021 - Sep 27, 2021 (monthly)
    Founding/validator sale tokens: 90-day mandatory staking/lock from mainnet (Mar 31, 2021) followed by 90-day linear release (originally weekly) through ~Sep 27, 2021. R1 (≈19.5%) + R2 (≈10.3%) combined.
    Developer & Ecosystem Incentives (DEVxDAO program)
    16.00%
    Percentage of total token supply
    90%
    How certain we are about this information
    1,600,000,000 tokens
    Cliff: Mar 31, 2021 — NaN% of allocation
    500M CSPR seeded to DEVxDAO at genesis.
    Linear vesting: Mar 31, 2021 - Mar 31, 2027 (monthly)
    Casper Association stated 'up to another 1.1B over the next 6 years' for developer grants. Modeled as linear monthly disbursement over 6 years.
    Casper Association Treasury
    13.20%
    Percentage of total token supply
    60%
    How certain we are about this information
    1,320,000,000 tokens
    Cliff: Mar 31, 2021 — NaN% of allocation
    Portion available to support ecosystem at genesis; Association stakes treasury actively. Amount at genesis inferred; see assumptions about reconciliation.
    Linear vesting: Mar 31, 2022 - Mar 31, 2027 (monthly)
    Modeled as 1-year lock from genesis then 60-month linear vest (reflects commonly cited schedule of 7% unlocked + ~6% vesting; we set remaining to reach 13.2%).
    CasperLabs Holdings AG
    10.00%
    Percentage of total token supply
    70%
    How certain we are about this information
    1,000,000,000 tokens
    Cliff: Mar 31, 2021 — NaN% of allocation
    CasperLabs has been staking 1B tokens since launch; modeled as unlocked at genesis.
    Team
    8.00%
    Percentage of total token supply
    70%
    How certain we are about this information
    800,000,000 tokens
    Linear vesting: Jun 30, 2021 - Jun 30, 2022 (monthly)
    Team distribution starts on day 91 after mainnet; 2/36ths monthly for first 12 months (total 2/3).
    Linear vesting: Jun 30, 2022 - Jun 30, 2023 (monthly)
    Remaining 1/36th monthly over the next 12 months (total 1/3).
    Advisors
    6.00%
    Percentage of total token supply
    50%
    How certain we are about this information
    600,000,000 tokens
    Linear vesting: Sep 30, 2021 - Sep 30, 2026 (monthly)
    Modeled as 6-month cliff from genesis then 5-year linear vest; schedule not officially published, aggregated sources vary.
    PoS Validator Rewards (Network Issuance)
    0.00%
    Percentage of total token supply
    75%
    How certain we are about this information
    4,229,584,292.269 tokens
    Linear vesting: Mar 31, 2021 - Oct 27, 2025 (monthly)
    Modeled cumulative issuance from genesis through 2025-10-27 using Casper's target 8% annual supply growth (round_seigniorage_rate) applied monthly to growing supply. Casper 2.0 (May 6, 2025) introduced Zug consensus and changed reward distribution mechanics, but base annual issuance remains 8%.
    Last Updated: 10/27/2025 06:48 UTC

    Description

    #467

    Casper is a Proof-of-Stake Layer-1 blockchain designed to bring real-world assets on-chain.

    Sector: Layer 1
    Blockchain: Other L1
    2021
    POS