Common English words in Tokeneconomics

(1)TGE (Token Generation Event) - token generation event.

To put it bluntly, it means issuing tokens on the chain.

This term is generally used when allocating and releasing tokens, allocating tokens starting from TGE, and calculating lock-in and unlock time, etc.

(2)IMC (Initial Market Cap)——Initial market capitalization

It refers to the market value of token issuance, which is the price of token issuance multiplied by the quantity.

(3)FDV (Fully Diluted Valuation)——full circulation market capitalization

It refers to the market value after all tokens are issued.

(4)Market Cap" or "MCAP - circulating market value

(5)Cliff——Cliff

It means that after the tokens are distributed, they cannot enter circulation for a period of time.

The 3-month cliff means that holders cannot sell or transfer these tokens within 3 months.

Cliff unlocking refers to the unlocking of this part of tokens and entering circulation.

(6)vesting——Unlocking

It means that the locked token allocation is partially unlocked and holders can sell it.

linear vesting - linear unlocking. For example, 6-month linear unlocking means that the same amount is unlocked every month for 6 months.