Threshold Network (T)
Unlock Schedule
Threshold Network (T) Token Unlock & Vesting Schedule
The unlock chart above provides a clear visual overview of the Threshold Network (T) 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 T 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 distribution
At launch, the DAO set the initial T supply at 10 billion: 45% to NU holders, 45% to KEEP holders, and 10% to the Threshold DAO treasury. During the network’s bootstrap phase, an additional 1.155 billion T were minted to incentivize staking and node operation, for a final total supply of 11,155,000,000 T. (docs.threshold.network)
Roles of T in the network
- Staking and security: Operators stake T to run the Random Beacon, tBTC, and TACo. Staked T secures the network by aligning operator incentives with correct behavior. (docs.threshold.network)
- Governance: T is the voting token for the Threshold DAO, which manages parameters, fees, treasury strategy, and application approvals. (docs.threshold.network)
- Value accrual: Threshold’s docs describe T as the value‑accrual asset for the network, with tBTC bridge fees feeding back to the ecosystem under DAO control (for example, via buybacks or treasury programs approved by governance). Exact mechanisms are set and adjusted via DAO proposals over time. (docs.threshold.network)
Assumptions
- Genesis allocations to NU and KEEP holders are modeled as fully unlocked at 2022-01-01.
Vending Machine upgrades are available from launch with fixed factors and no deadline, so tokens are immediately claimable by holders; actual claim timing varies.
- Staking rewards are modeled as linear within each mint’s intended coverage window.
Rewards accrue continuously and are periodically claimable; mints fund Future Rewards which streams to stakers, so linear monthly approximation reflects ongoing accrual.
- A 50M T ‘backfill/top-up’ tranche is included to match the documented 1.155B T total minted for the inflationary bootstrap.
Official docs state total minted of 1.155B T for the bootstrap period; discrete TIP mints identified (265M + 250M + 470M + 120M) sum to 1.105B T. We allocate the 50M difference evenly over Jan–Jul 2023 as conservative placeholder until a specific TIP reference is surfaced.
- Inflationary staking emissions ended mid-February 2025.
DAO governance (TIP-92 and TIP-100) targeted elimination of inflation with cessation of staking rewards around 2025-02-15; we end the final mint’s schedule on that date.
- Total supply used for percentages is 11,155,000,000 T.
Official token documentation lists initial 10B supply plus 1.155B minted during the inflationary bootstrap phase as incentives for stakers/node operators.
- 1. https://docs.threshold.network/resources/t-token
- 2. https://docs.threshold.network/resources/upgrade-nu-and-keep-to-t
- 3. https://forum.threshold.network/t/tip-030-mint-265m-t-tokens-for-the-council-to-distribute-following-the-stable-yield-model/370
- 4. https://forum.threshold.network/t/tip-038-mint-250m-t-tokens-for-the-council-to-distribute-following-the-stable-yield-model-oct22-jan23/437
- 5. https://forum.threshold.network/t/tip-53-mint-470m-threshold-work-tokens-for-dao-to-distribute-per-the-stable-yield-model/632
- 6. https://forum.threshold.network/t/tip-94-mint-3-months-of-staking-rewards/997
- 7. https://forum.threshold.network/t/tip-092-make-t-great-again-part-1-eliminate-inflation/984
- 8. https://forum.threshold.network/t/tip-100-the-future-of-threshold-continued/1033
- 9. https://www.coindesk.com/price/threshold/platforms
- 10. https://medium.com/%40mrsThreshold/the-threshold-network-officially-launched-on-january-1-2022-and-a-host-of-exchanges-have-since-9cdbda9de2da
Allocations
Description
#516
Threshold Network is the result of merging two decentralized protocols, Keep Network and NuCypher, combining their strengths in privacy-focused technologies and distributed node networks. It leverages threshold cryptography to provide secure, privacy-centric solutions, including proxy re-encryption services and decentralized bridging of Bitcoin to Ethereum through tBTC.
| Sector: | Bridges |
| Blockchain: | Ethereum |