MultiversX (EGLD)
Unlock Schedule
MultiversX (EGLD) Token Unlock & Vesting Schedule
The unlock chart above provides a clear visual overview of the MultiversX (EGLD) 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 EGLD 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
What the EGLD Token Does
The EGLD token secures the network through staking, pays for transactions and smart contract execution, and provides voting power in on‑chain governance. Validators and delegators earn rewards for producing and validating blocks, aligning token holders with network health and growth. (multiversx.com)
MultiversX Tokenomics at a Glance
- Supply model: The active economic model targets a capped issuance with a current theoretical maximum near 31.4 million EGLD, with the idea that network fees can offset part of the issuance over time. The team has publicly discussed exploring a refreshed framework with the community; at the time of writing, no change has been adopted. (multiversx.com)
- Staking and rewards: Inflation started higher at mainnet launch and is scheduled to decrease annually, trending toward zero by 2030, with fees substituting issuance as usage grows. Rewards split between validators and delegators, minus provider service fees. (docs.multiversx.com)
- Distribution and fundraising: In 2019, the project conducted a Binance Launchpad sale (IEO) that sold roughly a quarter of the initial supply, alongside an earlier private round with investors including Binance Labs, Electric Capital, NGC, and Maven 11. The mainnet launch in 2020 included a token migration to eGold (EGLD). (bravenewcoin.com)
In short, MultiversX tokenomics emphasize a sustainable path: rewards that support security early on, a decreasing inflation schedule, and a long‑term plan to rely more on real network activity. This is central to many users’ interest beyond day‑to‑day moves in the EGLD price. (docs.multiversx.com)
Assumptions
- PoS issuance modeled with maxPossibleInflation rates (fees = 0) and normalized so 2020-2030 emissions reach the theoretical cap of 31,415,926 EGLD.
Official economics paper provides yearly max inflation percentages but issuance is offset by fees; to produce a deterministic chart we model the upper-bound schedule and note that fees reduce actual minted.
- IEO/TGE date taken as 2019-07-02 for cliff events.
Binance Launchpad announced winners on 2019-07-02 and tokens distributed within 15 days. Using the announcement date to anchor monthly granularity.
- Reserve unlock details (staking-only first year; 33.3% then 3 annual tranches) and Community/Advisors schedules.
Widely cited by third-party summaries; partial confirmation on official Medium for other categories. Treated with lower confidence due to lack of a single canonical page for these two items.
- Team vesting dates relative to IEO (6, 12, 18, 24, 30, 36, 42 months).
Explicitly stated by Elrond co-founder in official Medium post; represented as cliff unlocks at the stated month marks.
- All ERD-era unlocks are expressed in EGLD terms at the 1000:1 swap ratio.
Swap initiated September 2020; supply release mechanisms pre-mainnet map 1:1,000 to EGLD for consistency.
- 1. https://docs.multiversx.com/learn/economics/
- 2. https://elrond.com/assets/files/elrond-economics.pdf
- 3. https://multiversx.com/blog/zero-to-one
- 4. https://multiversx.com/blog/the-elrond-token-swap-begins-on-the-3rd-of-september
- 5. https://multiversx.com/egld
- 6. https://medium.com/elrondnetwork/elrond-team-tokens-locked-until-2020-and-vesting-extended-to-3-5-years-eee132a68b66
- 7. https://multiversx.com/transformation
- 8. https://www.reddit.com/r/elrondnetwork/comments/cd49ap
- 9. https://www.blepcoin.com/blockchain/2019/06/07/elrond.html