Klaytn (KLAY)
Unlock Schedule
Klaytn (KLAY) Token Unlock & Vesting Schedule
As of October 17, 2026, 11.38 billion KLAY have been released. The schedule is ongoing, with no final release date.
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.
Tokenomics & Utility
Before the 2024 merge, Klaytn tokenomics centered on the KLAY token. At genesis, 10 billion KLAY were issued. New KLAY were minted as block rewards and split among network participants and ecosystem funds. A 2023 optimization proposal (KGP-6) restructured emissions to 6.4 KLAY per block (about 200 million per year, near 2% annualized) and updated distributions to:
- Governance Council rewards (proposer + staking): 50% combined
- Klaytn Community Fund (KCF): 30%
- Klaytn Foundation Fund (KFF): 20% (docs.klaytn.foundation)
The same proposal aimed to burn a large portion of uncirculated reserves (initially 5.28 billion KLAY) and designated the remaining 2 billion as a “Value Creation Reserve” to be either deployed via on-chain governance or burned after three years if unused—moving Klaytn toward more sustainable, even deflationary, tokenomics. (prnewswire.com)
What does KLAY do? Historically, holders used the KLAY token to:
- Pay gas fees on the Klaytn blockchain.
- Secure the network through staking (for Governance Council participants).
- Incentivize ecosystem growth via grant and investment programs run by KCF/KFF (previously KGF/KIR).
- Settle app-level activities such as DeFi rewards, NFT minting fees, or in-game transactions. (docs.klaytn.foundation)
Following the Klaytn–Finschia merger, KLAY rebranded to KAIA on exchanges and in wallets. The integrated chain’s vision emphasizes lower base inflation, layered burning tied to activity, and transparent, on-chain management of ecosystem funds—continuing the focus on long-term value in a larger, unified ecosystem. If you look up Klaytn tokenomics today, you’ll see many materials now describe the KAIA coin that replaces KLAY one-for-one. (prnewswire.co.uk)
Assumptions
Klaytn minted 10 billion KLAY at launch and continues to create network block rewards as Kaia; its known reward rate changed in 2022 and 2024. Genesis allocations, treasury budgets and grants describe uses of those tokens, but many recipient-payment dates remain unknown. An executed April 2023 reserve burn removed about 5.296 billion KLAY, while the merger-burn forecast and pending Contribution Reward burn are not verified executed amounts. The chart can date gross genesis creation, estimate the monthly placement of two historical reward periods and show the documented May 2024 grant and September 2026 reward distribution, but it cannot yet provide a reconciled net-supply curve through the research date.
- Genesis Private Sale: The sources give the amount but no release dates.
- Genesis Protocol Reserves: Releases depend on future governance or treasury decisions.
- Genesis Business Development: The sources give the amount but no release dates.
- Genesis R&D and Technology: The sources give the amount but no release dates.
- Genesis Team: The sources give the amount but no release dates.
- PoS Validator and Network Block Rewards: Emission continues with no published future rate or end date.
- KLAY Value Creation Reserve: Releases depend on future governance or treasury decisions.
- GroundX Contracted Service Fee: The sources give the amount but no release dates.
- Klaytn Community Fund Rebalanced Budget: Releases depend on future governance or treasury decisions.
- Klaytn Foundation Fund Rebalanced Budget: The sources give the amount but no release dates.
- Klaytn Foundation Fund Rebalanced Budget: Releases depend on future governance or treasury decisions.
- Pre-D2I Liquidity Incentive: Releases depend on future governance or treasury decisions.
- Finschia Balances Converted at Kaia Merger: Releases depend on recipients claiming tokens or on grants being awarded.
- Kaia Merger Remaining-Funds Allocation: Releases depend on future governance or treasury decisions.
- LINE NEXT Delegation: The sources give the amount but no release dates.
- Kaia Ecosystem Fund Merger Allocation: Releases depend on future governance or treasury decisions.
- Kaia Infrastructure Fund Merger Allocation: Releases depend on future governance or treasury decisions.
- Kaia Contribution Rewards: Releases depend on future governance or treasury decisions.
- 1. https://docs.kaia.io/kaiatech/kaia-white-paper/
- 2. https://www.prnewswire.com/news-releases/klaytn-foundation-introduces-tokenomics-optimization-proposal-to-secure-sustainable--verifiable-token-economy-301752944.html
- 3. https://govforum.kaia.io/t/kgp-6-proposal-to-establish-a-sustainable-and-verifiable-klay-token-economy/157
- 4. https://docs.kaia.io/misc/kaia-history/
- 5. https://docs.kaia.io/misc/kaia-transition/faq-chain-transition/
- 6. https://docs.kaia.io/learn/token-economics/token-economy/
- 7. https://govforum.kaia.io/t/gp-21-kaia-tokenomics-reform-ending-proposal-reward-pr-and-introducing-contribution-reward-cr-english/1451
- 8. https://govforum.kaia.io/t/cr-contribution-reward-monthly-report-epoch-1/1505
- 9. https://govforum.kaia.io/t/1h23-kcf-kff-disbursement-summary/437
- 10. https://govforum.kaia.io/t/notice-boosting-onchain-metrics-pre-d2i/759
- 11. https://govforum.kaia.io/t/d2i-monthly-update-kaiaswap/880
- 12. https://docs.kaia.io/references/json-rpc/kaia/get-total-supply/
- 13. https://www.kaia.io/token
- 14. https://github.com/kaiachain/kaia/blob/dev/kaiax/reward/README.md
Tokenomics Overview
Market Data
Tile coloring: Green indicates positive changes, red indicates negative changes, and neutral indicates no significant trend or unavailable data.
Allocations
Parts of this allocation with their own release dates are charted as their own allocations; the chart shows the rest here.
Tokenomics Overview
Market Data
Tile coloring: Green indicates positive changes, red indicates negative changes, and neutral indicates no significant trend or unavailable data.