#openledger $OPEN I copied the OpenLedger token release schedule to the 13th month and then paused. Last night, I went through the OpenLedger token release schedule, and when I hit the 13th month, I stopped. The unlocking begins in the 13th month. The OpenLedger team and investors have a 12-month cliff plus a 36-month vesting period—no payouts for the first 12 months, and starting from the 13th month, tokens are released monthly until the 48th month. This design is considered restrained for a token project launching in 2025, but restraint doesn't equal safety. The 13th month is a real test point: if by then the mainnet's inference calls haven't started generating fee income, and data contributors are still relying on token subsidies to get by, the unlocking of the team's and investors' shares will create noticeable selling pressure. This isn't explicitly stated in the whitepaper, but anyone with cycle experience can see it. OpenLedger's core mechanism is Proof of Attribution—every piece of data used by the model records who contributed how much on-chain, distributing tokens back to contributors' wallets proportionally. The total supply of OPEN tokens is 1 billion, with 21.55% circulating at TGE and 51.7% allocated to the community ecosystem. Technically, it's running on OP Stack and EigenDA. These numbers look good on paper, but the real test comes in the 13th month. I'll be watching three things: the difference in data contributor activity before and after the cliff, the curve of inference fee settlement amounts, and the flow of tokens on-chain once unlocking starts. Research thoroughly; survival comes first. To determine if a project is restrained or not, we need to see the 13th month to draw a conclusion. @OpenLedger $OPEN #OpenLedger
