IoTeX (IOTX)
Unlock Schedule
IoTeX (IOTX) Token Unlock & Vesting Schedule
The unlock chart above provides a clear visual overview of the IoTeX (IOTX) 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 IOTX 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
Roles of the IOTX token
IOTX is the native asset of the chain. It is used to:
- Pay gas for transactions and smart contracts.
- Stake and vote for delegates that secure the network.
- Receive staking rewards shared by delegates to voters.
- Register and manage device identities (ioID) and other machine‑economy actions. These roles align the token with network security and real‑world usage. (docs.iotex.io)
Supply model and deflation features
IoTeX’s economic model has focused on tying token flow to real activity. The project’s “Burn‑Drop” program connects device onboarding to token burns and community rewards. As new “Powered by IoTeX” devices are registered, smart contracts burn a portion of IOTX and “drop” a smaller portion to long‑term stakers. Earlier program details targeted up to 1 billion IOTX across phases as device counts grew, linking supply reduction to real‑world expansion. IoTeX 2.0 also adds fee‑burning (EIP‑1559‑style) and IOTX burns tied to creating ioIDs for machines. (community.iotex.io)
Governance and staking
Holders stake IOTX and vote for delegates at the staking portal. Votes, stake duration, and optional lockups influence rewards and voting power. The top 36 voted delegates handle block production; the broader set of elected delegates also earns and shares rewards. This system balances throughput with community control. (stake.iotex.io)
Assumptions
- Total supply uses IoTeX docs figure (deflation-adjusted) rather than original 10B max.
Docs list max supply 10B and current total supply ~9.441B after burns; modeling chart relative to actual supply provides more accurate percentages.
- Team vesting modeled as aggregate linear from 2019-02-01 to 2023-02-01.
Official guidance: 4-year vesting with first distribution deferred to Feb 2019; individual start dates/cliffs vary.
- Community Rewards and Ecosystem Grants modeled as linear over 36 months (2018-05 to 2021-05).
Official update indicates ongoing quarterly distributions; exact month-by-month not published. Linear schedule approximates steady quarterly releases.
- PoS rewards allocated 1.2B total with constant monthly rate Feb 2019–Jan 2025.
Docs cite ~200M/year; while per-epoch components changed (e.g., epoch bonus increase, blocktime halving), the total annual emissions targeted ~200M until pool exhaustion.
- Burn-Drop modeling uses two periods: v1 (Nov 2020–May 2021) 90%/10% and v2 (May 2021 onward) 50%/25%/25%.
IoTeX posts define phase-based ratios and Airdrip addition from Phase 3; device-triggered emissions are converted to equivalent linear monthly schedules. Program completion assumed by 2030 for modeling.
- Burn-Drop 1B IOTX sourced from Ecosystem allocation; only the 'drop' and 'airdrip' portions increase circulating supply.
IoTeX materials describe 1B Burn-Drop and revised v2 split; burns reduce total supply and are excluded from release schedule.
- Inflationary staking (IoTeX 2.0) not modeled.
Future inflation rate to be determined by governance; no binding parameters available at time of access.
- 1. https://docs.iotex.io/depin-infra-modules-dim/iotex-l1-depin-blockchain/the-iotx-token
- 2. https://docs.iotex.io/readme/tokenomics/iotx-emission-deflation-and-re-staking
- 3. https://community.iotex.io/t/official-iotex-tokenomics-thread/537
- 4. https://s3.amazonaws.com/web-iotex-static/other/token_release_schedule.png
- 5. https://medium.com/iotex/token-release-schedule-update-6a4ab21c1d46
- 6. https://community.iotex.io/t/iotex-network-vote-1-proposal-passes-with-50-participation/171
- 7. https://community.iotex.io/t/iotex-delegates-program-application-voting-and-rewards/129
- 8. https://hub.iotex.io/governance/2
- 9. https://community.iotex.io/t/burn-drop-everything-you-need-to-know/1651
- 10. https://iotex.io/blog/cryptocurrency-investments-to-make/
- 11. https://community.iotex.io/t/burn-drop-tokenomics-v2-xrc20-airdrips-e-boosted-iotx-drops/2488
- 12. https://etherscan.io/token/0x6fb3e0a217407efff7ca062d46c26e5d60a14d69
Allocations
Description
#437
IoTeX is a blockchain platform aimed at powering the Internet of Things (IoT), focusing on secure and private interactions between physical and digital worlds. It supports the creation of IoT applications and devices within a decentralized ecosystem, enhancing trust and connectivity.
| Sector: | DePIN |
| Blockchain: | Ethereum |