280,000,000 tmx tokens go to investors with a documented 12-month cliff and 24-month vesting after that, down to the exact monthly release frequency. that level of disclosure is sitting in the whitepaper right now. what's not in there is the one date all of that math actually depends on — tge is still listed as "to be announced."
i get why teams hold the exact date close until listings and liquidity are actually lined up, that's normal practice. but termmax's own roadmap puts v2 at q2 2026 and tge right after at q3 2026, and my read is the tge date is the one actually waiting on v2, not the other way around — you don't launch a token event before the product it's supposed to be governing has shipped its next version.
could be wrong on the ordering, but that's where i'd put my money 💭

#termmax @TermMax