How Does a Vesting Cliff Differ from a Linear Vesting Schedule?

A vesting cliff is a specific period at the beginning of the vesting schedule during which no tokens are released. For example, a 1-year cliff means no tokens are accessible until the 12th month.

After the cliff, the remaining tokens typically begin to vest linearly over a specified period. A linear vesting schedule, conversely, releases tokens continuously or at regular intervals from day one, without an initial lock-up period.