Liquity (LQTY)
Unlock Schedule
Liquity (LQTY) 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.
Tokenomics & Utility
Supply and distribution
LQTY has a maximum supply of 100 million tokens. Its launch allocation set aside about 35.3% for the community, 23.7% for the team and advisers, 33.9% for early investors, 6.1% for the Liquity AG endowment, and 1% for service providers. The community portion included rewards for V1 Stability Pool participants and frontend operators, incentives for an early LUSD–ETH liquidity pool, and a community reserve. Stability Pool reward issuance follows a schedule designed to distribute more tokens in earlier years and fewer in later years. (liquity.org)
What staking does
In V1, staked LQTY receives a share of fees from LUSD borrowing and redemptions, paid in LUSD and ETH. V2 adds voting power over the destination of its liquidity incentives. LQTY staked through V2 continues to receive V1 fee revenue, and the staking arrangement has no fixed lockup period. These are distinct roles: V1 staking shares fees with token holders, while V2 voting steers a portion of BOLD interest revenue toward approved liquidity initiatives. (liquity.org)
Assumptions
All 100 million LQTY were minted at launch, but much of that supply was initially locked or reserved for rewards. The chart dates the published one-year lockups, estimates the team’s engagement-based installments and launch LP rewards, and models the continuing Stability Pool reward curve. Community Reserve spending and later company spending have no established LQTY release dates; the reserve’s named contributor program announces ETH payments rather than dated LQTY transfers. The reward curve and estimated schedules are not observations of tokens actually claimed or sold.
- Community Reserve: Releases depend on recipients claiming tokens or on grants being awarded.
- Liquity AG endowment: Releases depend on future governance or treasury decisions.
- 1. https://www.liquity.org/blog/liquity-launch-details
- 2. https://www.liquity.org/blog/liquity-goes-live-on-ethereum-mainnet
- 3. https://docs.liquity.org/liquity-v1/faq/lqty-distribution-and-rewards
- 4. https://github.com/liquity/dev/blob/main/packages/contracts/contracts/LQTY/LQTYToken.sol
- 5. https://github.com/liquity/dev/blob/main/packages/contracts/contracts/LQTY/CommunityIssuance.sol
- 6. https://github.com/liquity/liquity/blob/master/packages/lib-ethers/deployments/default/mainnet.json
- 7. https://etherscan.io/token/0x6dea81c8171d0ba574754ef6f8b412f2ed88c54d
- 8. https://www.liquity.org/blog/community-reward-program
- 9. https://www.liquity.org/blog/how-to-earn-rewards-with-the-saddle-d4-pool
- 10. https://www.liquity.org/blog/voting-in-liquity-v2
Allocations
Parts of this allocation with their own release dates are charted as their own allocations; the chart shows the rest here.