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Merit follows a vesting schedule with allocations to the Liquidity Pool, Validator + Miner Rewards and Subnet Owner. Most allocations are released through a mechanism. The full unlock schedule extends into 2031.
When is the next Merit unlock?
Merit is fully unlocked.
How much Merit supply is currently unlocked?
As of today, approximately 3,733,935 Merit which is 17.78% of Merit's total supply has been unlocked. The remaining tokens are will be released according to the release mechanism.
Is Merit vesting cliff or linear?
Merit uses linear vesting, especially for Liquidity Pool allocations. This means tokens are released in equal amounts over time, reducing sudden supply shocks.
What is the difference between Merit circulating and total supply?
The circulating supply of Merit is 3,733,935 tokens and the total supply is 21,000,000 tokens. The total supply is the max amount of tokens to ever be in circulation, including those that are still locked.
What is Merit's FDV (Fully Diluted Valuation)?
Merit’s FDV is $17,860,101 which reflects the market value if all 21,000,000 tokens were unlocked. This figure helps estimate long-term dilution risks.
How is Merit allocated across stakeholders?
The Merit allocation includes Validator + Miner Rewards at 41.00%, Subnet Owner at 9.00% and Liquidity Pool at 50.00%.
Has Merit price dropped after past unlocks?
Historically, Merit has shown medium volatility 7 days after the past unlock. The price impact depends on who receives the unlocked tokens and market conditions.
How can I track upcoming Merit unlocks?
Tokenomist provides an up-to-date vesting chart and unlocks monitor that shows upcoming unlocks for Merit, with visibility for each allocation and amount.