After participating in the Giza token sale on Legion, many users have questions about how their tokens are distributed and vested following the Token Generation Event (TGE). This article explains the token distribution process, the corresponding vesting schedule, and clarifies why only a partial allocation is immediately available.

At the time of the Token Generation Event (TGE), the project team deposits the allocated Giza tokens into a smart contract. Participants can then withdraw their allocated tokens to the same wallet address they used to make the purchase. However, only 20% of the participant's total token allocation is made available for withdrawal at TGE. This is standard for pre-liquid token sales conducted on Legion..

The remaining 80% of the Giza tokens follows a continuous (linear) vesting schedule. This vesting schedule typically extends until the end of 2027. During the vesting period, the tokens can be claimed progressively. Claiming is generally possible daily or even hourly, depending on the vesting smart contract configuration. This allows users greater flexibility in accessing their vested tokens..

It is a standard practice in Giza token distribution for only 20% of the allocated tokens to be made available at TGE. The remaining 80% is deliberately vested over time to ensure controlled and equitable distribution. By design, this vesting mechanism ensures that token value is maintained over a longer period and aligns participants with the long-term goals of the project. For instance, if a user purchased 1,000 Giza tokens, approximately 200 tokens would be available at TGE, with the rest gradually becoming available through daily or hourly claims over the years till 2027.

To illustrate:

Participants can claim vested tokens daily or even hourly, allowing for consistent, gradual access to their allocation.

By understanding this process, users can effectively plan their token usage post-TGE while aligning with the project’s distribution strategy.