Float-Doubling Unlock

It is defined against the float rather than against dollars, which is why the events that qualify are usually modest in dollar terms and disappear from an unlock calendar ranked by value.

TradFi parallel: Like a secondary offering that issues more shares than are currently trading, except the buyers were decided years in advance and the price is set against whatever depth the order book happens to have that morning.

Key Takeaways

01
Start with the definition: It is defined against the float rather than against dollars, which is why the events that qualify are usually modest in dollar terms and disappear from an unlock calendar ranked by value.
02
Read the governing documentation before treating a label as a supply conclusion
03
Separate scheduled entitlement, contractual transferability, and actual circulating supply
04
Use dated on-chain or canonical data for any amount, percentage, or event date
05
A buyback, unlock, burn, or reward label does not by itself establish the net supply effect
06
Remove or qualify any project-specific conclusion that cannot be reproduced from a primary source

How It Works

It is defined against the float rather than against dollars, which is why the events that qualify are usually modest in dollar terms and disappear from an unlock calendar ranked by value.

The label alone does not establish a token's current supply impact. To evaluate float-doubling unlock, read the governing token documentation and contract rules, distinguish scheduled entitlement from tokens that are actually transferable or circulating, and use dated on-chain data for any quantity. Do not infer a burn, price effect, holder behavior, or release amount from the label alone.

When a claim depends on a figure, date, allocation, fee route, or prior market event, retain it only when the underlying primary document, governance record, contract state, or reproducible data snapshot is available. Otherwise state the mechanism generally and leave the project-specific conclusion out.