How Does Token Vesting Schedules Affect Initial Governance Control?

Vesting schedules prevent founders, early investors, and team members from immediately dumping their large token allocations or using them to seize early governance control. Tokens are released over a period, often with a cliff, ensuring long-term commitment.

This gradual release of supply prevents a sudden concentration of voting power in the hands of insiders. It aligns the incentives of the core team with the long-term success of the project and the broader community.