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Vesting & Unlock Model

Document Type: Vesting Specification
Last Updated: November 2025
Status: Official Reference


Table of Contents

  1. Global Principles
  2. Vesting Categories
  3. Vesting Summary Table
  4. Vesting Timeline
  5. Unlock Security Rules
  6. Rationale
  7. For Participants
  8. References

1. Global Principles

1.1 Supply Foundation

┌─────────────────────────────────────────────────────────────┐
│                 VESTING FOUNDATION PRINCIPLES               │
├─────────────────────────────────────────────────────────────┤
│                                                             │
│   FIXED SUPPLY                                             │
│   ────────────                                              │
│   Total Supply:       31,536,000 MBO                       │
│   Inflation:          0% (permanently)                     │
│   Minting:            Impossible after genesis             │
│                                                             │
│   All vested tokens come from the fixed supply.            │
│   No new tokens can ever be created.                       │
│                                                             │
└─────────────────────────────────────────────────────────────┘

1.2 Core Principles

Principle Description
Transparency All vesting schedules are public and immutable
Determinism Unlock timing is predictable and calculable
Verifiability All unlocks are recorded on-chain and auditable
Enforcement Smart contracts enforce schedules without exception

1.3 Vesting Contract Guarantees

┌─────────────────────────────────────────────────────────────┐
│              VESTING CONTRACT GUARANTEES                    │
├─────────────────────────────────────────────────────────────┤
│                                                             │
│   ✓ Schedules are immutable once deployed                  │
│   ✓ No admin keys can accelerate unlocks                   │
│   ✓ Cliff periods are strictly enforced                    │
│   ✓ Linear unlocks occur automatically                     │
│   ✓ Milestone approvals require multi-sig                  │
│   ✓ All state changes emit verifiable events               │
│                                                             │
└─────────────────────────────────────────────────────────────┘

2. Vesting Categories

2.1 Early Contributors

┌─────────────────────────────────────────────────────────────┐
│         EARLY CONTRIBUTORS (5% = 1,576,800 MBO)             │
├─────────────────────────────────────────────────────────────┤
│                                                             │
│   Structure:        4-year vesting with 1-year cliff       │
│   Cliff Duration:   12 months                              │
│   Vesting Duration: 48 months total                        │
│   Unlock Method:    Linear monthly (post-cliff)            │
│                                                             │
│   Schedule:                                                 │
│   ─────────                                                 │
│   Months 0-11:      0 MBO unlocked (cliff)                 │
│   Month 12:         394,200 MBO unlocked (25% at cliff)    │
│   Months 13-48:     32,850 MBO/month                       │
│   Month 48:         1,576,800 MBO total (100%)             │
│                                                             │
│   Beneficiaries:                                            │
│   • Founding team members                                  │
│   • Early advisors                                         │
│   • Pre-launch contributors                                │
│                                                             │
└─────────────────────────────────────────────────────────────┘

2.2 Foundation & Operations

┌─────────────────────────────────────────────────────────────┐
│         FOUNDATION & OPERATIONS (10% = 3,153,600 MBO)       │
├─────────────────────────────────────────────────────────────┤
│                                                             │
│   Structure:        4-year linear vesting                  │
│   Cliff Duration:   None                                   │
│   Vesting Duration: 48 months                              │
│   Unlock Method:    Linear monthly from day 1              │
│                                                             │
│   Schedule:                                                 │
│   ─────────                                                 │
│   Month 1:          65,700 MBO unlocked                    │
│   Month 12:         788,400 MBO cumulative (25%)           │
│   Month 24:         1,576,800 MBO cumulative (50%)         │
│   Month 36:         2,365,200 MBO cumulative (75%)         │
│   Month 48:         3,153,600 MBO cumulative (100%)        │
│                                                             │
│   Usage:                                                    │
│   • Protocol development                                   │
│   • Security audits                                        │
│   • Legal & compliance                                     │
│   • Operational expenses                                   │
│                                                             │
└─────────────────────────────────────────────────────────────┘

2.3 Ecosystem Grants

┌─────────────────────────────────────────────────────────────┐
│         ECOSYSTEM GRANTS (15% = 4,730,400 MBO)              │
├─────────────────────────────────────────────────────────────┤
│                                                             │
│   Structure:        Milestone-based unlocks                │
│   Cliff Duration:   Varies by grant                        │
│   Vesting Duration: Varies by grant                        │
│   Unlock Method:    Multi-sig approval per milestone       │
│                                                             │
│   Standard Grant Structure:                                 │
│   ─────────────────────────                                 │
│   Milestone 0:      10% on approval                        │
│   Milestone 1:      30% on first deliverable               │
│   Milestone 2:      30% on second deliverable              │
│   Milestone 3:      30% on completion                      │
│                                                             │
│   Review Process:                                           │
│   1. Grant application submitted                           │
│   2. Committee review (2-4 weeks)                          │
│   3. Milestones defined and agreed                         │
│   4. Initial payment on approval                           │
│   5. Milestone verification by reviewers                   │
│   6. Multi-sig release upon approval                       │
│                                                             │
│   Grant Categories:                                         │
│   • Infrastructure (tooling, SDKs)                         │
│   • Applications (DeFi, utilities)                         │
│   • Research (academic, security)                          │
│   • Education (tutorials, documentation)                   │
│                                                             │
└─────────────────────────────────────────────────────────────┘

2.4 Community Incentives

┌─────────────────────────────────────────────────────────────┐
│         COMMUNITY INCENTIVES (10% = 3,153,600 MBO)          │
├─────────────────────────────────────────────────────────────┤
│                                                             │
│   Structure:        Epoch streaming                        │
│   Cliff Duration:   None                                   │
│   Vesting Duration: Continuous (5-10 years estimated)      │
│   Unlock Method:    Per-epoch distribution                 │
│                                                             │
│   Distribution Mechanism:                                   │
│   ─────────────────────────                                 │
│   • Fixed amount allocated per epoch                       │
│   • Rate adjustable via governance                         │
│   • Unused allocation rolls to next epoch                  │
│   • No individual cliff or vesting                         │
│                                                             │
│   Epoch Duration:   ~1,000 blocks (~33 minutes)            │
│   Estimated Rate:   ~500-1,000 MBO per epoch (initial)     │
│                                                             │
│   Programs:                                                 │
│   • Liquidity mining                                       │
│   • Staking bonuses                                        │
│   • Bug bounties                                           │
│   • Ambassador rewards                                     │
│   • Governance participation                               │
│                                                             │
└─────────────────────────────────────────────────────────────┘

2.5 Developers (from Grants)

┌─────────────────────────────────────────────────────────────┐
│         DEVELOPER UNLOCKS (subset of Grants)                │
├─────────────────────────────────────────────────────────────┤
│                                                             │
│   Structure:        Performance-based with multi-sig       │
│   Cliff Duration:   None (milestone-triggered)             │
│   Vesting Duration: Per-grant agreement                    │
│   Unlock Method:    Multi-sig approval after review        │
│                                                             │
│   Approval Process:                                         │
│   ──────────────────                                        │
│   1. Developer submits deliverable                         │
│   2. Technical review (1-2 weeks)                          │
│   3. Quality assessment                                    │
│   4. Multi-sig signers approve (3-of-5)                    │
│   5. Funds released to developer                           │
│                                                             │
│   Multi-Sig Requirements:                                   │
│   • 3-of-5 signatures required                             │
│   • Signers are independent reviewers                      │
│   • 48-hour timelock on execution                          │
│   • All approvals logged on-chain                          │
│                                                             │
│   Performance Criteria:                                     │
│   • Code quality and testing                               │
│   • Documentation completeness                             │
│   • Security audit (if applicable)                         │
│   • Community feedback                                     │
│                                                             │
└─────────────────────────────────────────────────────────────┘

2.6 PoS & PoUW Rewards

┌─────────────────────────────────────────────────────────────┐
│         PoS & PoUW REWARDS (60% = 18,921,600 MBO)           │
├─────────────────────────────────────────────────────────────┤
│                                                             │
│   Structure:        Immediate block-level unlock           │
│   Cliff Duration:   None                                   │
│   Vesting Duration: None                                   │
│   Unlock Method:    Per-block emission (non-vested)        │
│                                                             │
│   Distribution:                                             │
│   ─────────────                                             │
│   PoS Validators:   40% of supply (12,614,400 MBO)         │
│   PoUW Providers:   20% of supply (6,307,200 MBO)          │
│                                                             │
│   Unlock Timing:                                            │
│   • Rewards unlock at block finalization                   │
│   • No vesting or lockup period                            │
│   • Immediately transferable                               │
│   • Subject to halving every 5 years                       │
│                                                             │
│   Per-Block (Year 1):                                       │
│   • Total: ~0.1 MBO                                        │
│   • PoS: ~0.05 MBO (50% of block reward)                   │
│   • PoUW: ~0.05 MBO (50% of block reward)                  │
│                                                             │
│   Rationale for Non-Vesting:                                │
│   • Validators need liquidity for operations               │
│   • GPU providers have hardware costs                      │
│   • Rewards compensate for active participation            │
│   • Staked tokens already provide lockup                   │
│                                                             │
└─────────────────────────────────────────────────────────────┘

3. Vesting Summary Table

┌─────────────────────────────────────────────────────────────────────────────────────────────────────────┐
│                                    VESTING SUMMARY TABLE                                                │
├─────────────────────────────────────────────────────────────────────────────────────────────────────────┤
│                                                                                                         │
│   CATEGORY               │  %   │    TOTAL MBO    │  CLIFF   │  VESTING  │  UNLOCK METHOD              │
│   ───────────────────────┼──────┼─────────────────┼──────────┼───────────┼─────────────────────────────│
│   Early Contributors     │   5% │     1,576,800   │ 12 mo    │ 48 mo     │ Linear monthly (post-cliff) │
│   Foundation & Ops       │  10% │     3,153,600   │ None     │ 48 mo     │ Linear monthly              │
│   Ecosystem Grants       │  15% │     4,730,400   │ Varies   │ Varies    │ Milestone + multi-sig       │
│   Community Incentives   │  10% │     3,153,600   │ None     │ Streaming │ Per-epoch distribution      │
│   PoS Validators         │  40% │    12,614,400   │ None     │ None      │ Per-block (immediate)       │
│   PoUW Providers         │  20% │     6,307,200   │ None     │ None      │ Per-block (immediate)       │
│   ───────────────────────┼──────┼─────────────────┼──────────┼───────────┼─────────────────────────────│
│   TOTAL                  │ 100% │    31,536,000   │          │           │                             │
│                                                                                                         │
└─────────────────────────────────────────────────────────────────────────────────────────────────────────┘

4. Vesting Timeline

4.1 48-Month Vesting Schedule

┌─────────────────────────────────────────────────────────────────────────────────────────────────────────┐
│                               VESTING TIMELINE (0 → 48 MONTHS)                                          │
├─────────────────────────────────────────────────────────────────────────────────────────────────────────┤
│                                                                                                         │
│   Month    0    6    12   18   24   30   36   42   48                                                  │
│            │    │    │    │    │    │    │    │    │                                                   │
│            ▼    ▼    ▼    ▼    ▼    ▼    ▼    ▼    ▼                                                   │
│                                                                                                         │
│   EARLY    ░░░░░░░░░░░▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓█                                        │
│   CONTRIB  │←─ CLIFF ─→│←──────── LINEAR UNLOCK ──────────→│100%                                       │
│            │    0%     │25%      50%      75%              │                                           │
│                                                                                                         │
│   FOUND-   ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓█                                           │
│   ATION    │←───────────── LINEAR UNLOCK ─────────────────→│100%                                       │
│            │12.5%    25%      50%      75%                 │                                           │
│                                                                                                         │
│   GRANTS   ◆───────◆───────────◆───────────◆───────────────◆                                           │
│            │M0     │M1         │M2         │M3             │                                           │
│            │10%    │40%        │70%        │100%           │ (milestone markers)                       │
│                                                                                                         │
│   COMMUN-  ════════════════════════════════════════════════════════▶                                   │
│   ITY      │←─────────── CONTINUOUS STREAMING ───────────────────→│                                    │
│            │ (rate adjustable via governance)                     │                                    │
│                                                                                                         │
│   PoS/PoUW ████████████████████████████████████████████████████████                                    │
│   REWARDS  │←─────────── IMMEDIATE PER-BLOCK ────────────────────→│                                    │
│            │ (no vesting, subject to halving)                     │                                    │
│                                                                                                         │
│   Legend:                                                                                               │
│   ░░░  Cliff period (locked)                                                                           │
│   ▓▓▓  Linear vesting (unlocking)                                                                      │
│   ███  Fully unlocked / immediate                                                                      │
│   ◆    Milestone unlock point                                                                          │
│   ═══  Streaming distribution                                                                          │
│                                                                                                         │
└─────────────────────────────────────────────────────────────────────────────────────────────────────────┘

4.2 Monthly Unlock Amounts

┌─────────────────────────────────────────────────────────────────────────────────────────┐
│                          MONTHLY UNLOCK SCHEDULE                                        │
├─────────────────────────────────────────────────────────────────────────────────────────┤
│                                                                                         │
│   MONTH │ EARLY CONTRIB │ FOUNDATION  │  GRANTS*  │ COMMUNITY** │ TOTAL VESTED         │
│   ──────┼───────────────┼─────────────┼───────────┼─────────────┼──────────────────────│
│      1  │         0     │    65,700   │  Variable │   ~263,000  │      ~329,000        │
│      6  │         0     │   394,200   │  Variable │ ~1,578,000  │    ~1,972,000        │
│     12  │   394,200     │   788,400   │  Variable │ ~3,153,000  │    ~4,336,000        │
│     18  │   591,300     │ 1,182,600   │  Variable │ ~4,730,000  │    ~6,504,000        │
│     24  │   788,400     │ 1,576,800   │  Variable │ ~6,307,000  │    ~8,672,000        │
│     30  │   985,500     │ 1,971,000   │  Variable │ ~7,884,000  │   ~10,840,000        │
│     36  │ 1,182,600     │ 2,365,200   │  Variable │ ~9,461,000  │   ~13,009,000        │
│     42  │ 1,379,700     │ 2,759,400   │  Variable │ ~11,038,000 │   ~15,177,000        │
│     48  │ 1,576,800     │ 3,153,600   │  Variable │ ~12,614,000 │   ~17,344,000        │
│                                                                                         │
│   * Grants depend on milestone completion timing                                       │
│   ** Community includes PoS/PoUW block rewards (estimated)                             │
│                                                                                         │
│   Note: PoS and PoUW rewards are immediate, shown in Community column for total        │
│                                                                                         │
└─────────────────────────────────────────────────────────────────────────────────────────┘

4.3 Cumulative Release by Year

┌─────────────────────────────────────────────────────────────┐
│              CUMULATIVE VESTED RELEASE BY YEAR              │
├─────────────────────────────────────────────────────────────┤
│                                                             │
│   YEAR │ EARLY   │ FOUND.  │ GRANTS │ COMMUN. │ REWARDS*   │
│   ─────┼─────────┼─────────┼────────┼─────────┼────────────│
│     1  │    0%   │   25%   │  ~20%  │  ~20%   │   ~25%     │
│     2  │   25%   │   50%   │  ~50%  │  ~40%   │   ~50%     │
│     3  │   50%   │   75%   │  ~75%  │  ~55%   │   ~62%     │
│     4  │   75%   │  100%   │  ~90%  │  ~65%   │   ~72%     │
│     5  │  100%   │  100%   │ ~100%  │  ~75%   │   ~80%     │
│                                                             │
│   * Block rewards subject to halving at Year 5             │
│                                                             │
└─────────────────────────────────────────────────────────────┘

5. Unlock Security Rules

5.1 Enforcement Mechanisms

┌─────────────────────────────────────────────────────────────┐
│              UNLOCK SECURITY ENFORCEMENT                    │
├─────────────────────────────────────────────────────────────┤
│                                                             │
│   RULE 1: NO MANUAL OVERRIDES                              │
│   ───────────────────────────                               │
│   • Vesting contracts have no admin override function      │
│   • No "emergency unlock" capability                       │
│   • Schedule parameters immutable after deployment         │
│                                                             │
│   RULE 2: NO DISCRETIONARY UNLOCKS                         │
│   ────────────────────────────────                          │
│   • All unlocks follow pre-defined rules                   │
│   • No individual can authorize early release              │
│   • Time-based unlocks are automatic                       │
│                                                             │
│   RULE 3: MULTI-SIG FOR GRANTS                             │
│   ────────────────────────────                              │
│   • 3-of-5 signature requirement                           │
│   • 48-hour timelock on execution                          │
│   • Signers publicly identified                            │
│   • Rotation process defined                               │
│                                                             │
│   RULE 4: AUTOMATED SCHEDULE ENFORCEMENT                   │
│   ──────────────────────────────────────                    │
│   • Smart contracts execute unlocks automatically          │
│   • Block timestamp determines eligibility                 │
│   • No human intervention required                         │
│                                                             │
│   RULE 5: GOVERNANCE UPGRADE PATH                          │
│   ───────────────────────────────                           │
│   • Contract upgrades require governance vote              │
│   • 7-day voting period minimum                            │
│   • 66% supermajority required                             │
│   • Changes cannot accelerate existing vests               │
│                                                             │
└─────────────────────────────────────────────────────────────┘

5.2 Security Guarantees

Guarantee Implementation
Immutability Vesting parameters set at contract deployment
Transparency All schedules readable on-chain
Auditability Events emitted for every unlock
Decentralization Multi-sig prevents single-point control
Timelock Delays prevent rushed decisions

5.3 Multi-Sig Configuration

┌─────────────────────────────────────────────────────────────┐
│              MULTI-SIG CONFIGURATION                        │
├─────────────────────────────────────────────────────────────┤
│                                                             │
│   Grant Release Multi-Sig:                                  │
│   ────────────────────────                                  │
│   Threshold:     3-of-5 signers                            │
│   Timelock:      48 hours                                  │
│   Signers:       Independent reviewers                     │
│                                                             │
│   Foundation Multi-Sig:                                     │
│   ─────────────────────                                     │
│   Threshold:     4-of-7 signers                            │
│   Timelock:      72 hours                                  │
│   Signers:       Foundation council members                │
│                                                             │
│   Emergency Multi-Sig (pause only):                        │
│   ───────────────────────────────                           │
│   Threshold:     2-of-3 signers                            │
│   Capability:    Pause distributions only                  │
│   Resume:        Requires full governance vote             │
│                                                             │
└─────────────────────────────────────────────────────────────┘

6. Rationale

6.1 Why Contributors Have Cliffs

┌─────────────────────────────────────────────────────────────┐
│         RATIONALE: CONTRIBUTOR CLIFF PERIOD                 │
├─────────────────────────────────────────────────────────────┤
│                                                             │
│   Purpose of 1-Year Cliff:                                  │
│   ────────────────────────                                  │
│                                                             │
│   1. LONG-TERM ALIGNMENT                                   │
│      Contributors must remain committed for 12 months      │
│      before receiving any tokens.                          │
│                                                             │
│   2. PREVENT EARLY DUMPING                                 │
│      No tokens available during critical early growth      │
│      phase when liquidity is low.                          │
│                                                             │
│   3. PROVE VALUE                                           │
│      Contributors demonstrate value over time before       │
│      compensation is released.                             │
│                                                             │
│   4. MARKET STABILITY                                      │
│      Reduces supply pressure during network launch         │
│      and price discovery period.                           │
│                                                             │
│   5. INDUSTRY STANDARD                                     │
│      Aligns with established practices in tech and         │
│      crypto for contributor compensation.                  │
│                                                             │
└─────────────────────────────────────────────────────────────┘

6.2 Why Grants Are Milestone-Based

┌─────────────────────────────────────────────────────────────┐
│         RATIONALE: MILESTONE-BASED GRANTS                   │
├─────────────────────────────────────────────────────────────┤
│                                                             │
│   Benefits of Milestone Structure:                          │
│   ────────────────────────────────                          │
│                                                             │
│   1. ACCOUNTABILITY                                        │
│      Funds released only after verified deliverables.      │
│      No payment for incomplete or abandoned projects.      │
│                                                             │
│   2. REDUCED RISK                                          │
│      Protocol limits exposure by funding incrementally.    │
│      Can discontinue grants that underperform.             │
│                                                             │
│   3. QUALITY ASSURANCE                                     │
│      Review process ensures deliverables meet standards.   │
│      Multi-sig prevents unilateral approvals.              │
│                                                             │
│   4. ALIGNED INCENTIVES                                    │
│      Grantees motivated to complete each milestone.        │
│      Ongoing relationship rather than one-time payment.    │
│                                                             │
│   5. TRANSPARENT PROGRESS                                  │
│      Community can track grant progress via milestones.    │
│      Public record of ecosystem development.               │
│                                                             │
└─────────────────────────────────────────────────────────────┘

6.3 Why Rewards Are Non-Vested

┌─────────────────────────────────────────────────────────────┐
│         RATIONALE: IMMEDIATE REWARD UNLOCKS                 │
├─────────────────────────────────────────────────────────────┤
│                                                             │
│   Why PoS and PoUW Rewards Have No Vesting:                │
│   ──────────────────────────────────────────                │
│                                                             │
│   1. OPERATIONAL COSTS                                     │
│      Validators and GPU providers have ongoing expenses.   │
│      Hardware, electricity, bandwidth require payment.     │
│                                                             │
│   2. ACTIVE PARTICIPATION                                  │
│      Rewards compensate for current work, not past.        │
│      Participants are continuously securing the network.   │
│                                                             │
│   3. STAKING IS LOCKUP                                     │
│      Staked tokens already have unbonding period.          │
│      Additional vesting would double-penalize stakers.     │
│                                                             │
│   4. MARKET LIQUIDITY                                      │
│      Some reward circulation is healthy for markets.       │
│      Enables price discovery and trading activity.         │
│                                                             │
│   5. COMPETITIVE POSITIONING                               │
│      Other networks offer immediate rewards.               │
│      Vesting would reduce validator attractiveness.        │
│                                                             │
└─────────────────────────────────────────────────────────────┘

6.4 How Vesting Supports Sustainability

┌─────────────────────────────────────────────────────────────┐
│         VESTING & LONG-TERM SUSTAINABILITY                  │
├─────────────────────────────────────────────────────────────┤
│                                                             │
│   DECENTRALIZATION                                         │
│   ────────────────                                          │
│   • Gradual release prevents supply concentration          │
│   • Multiple unlock schedules diversify sell pressure      │
│   • No single entity can dump large amounts                │
│                                                             │
│   PRICE STABILITY                                          │
│   ───────────────                                           │
│   • Predictable unlocks allow market preparation           │
│   • Linear vesting smooths supply increases                │
│   • Cliffs prevent early liquidity shocks                  │
│                                                             │
│   LONG-TERM COMMITMENT                                     │
│   ────────────────────                                      │
│   • Multi-year vesting aligns incentives                   │
│   • Contributors invested in network success               │
│   • Foundation has runway for sustained development        │
│                                                             │
│   TRUST & TRANSPARENCY                                     │
│   ────────────────────                                      │
│   • Verifiable schedules build community trust             │
│   • No surprises or hidden unlocks                         │
│   • Clear expectations for all participants                │
│                                                             │
└─────────────────────────────────────────────────────────────┘

7. For Participants

7.1 Contributors

When You Unlock MBO:

  • Months 0-11: No tokens available (cliff period)
  • Month 12: 25% (394,200 MBO) unlocks at cliff end
  • Months 13-48: ~32,850 MBO unlocks monthly
  • Month 48: 100% fully vested

How to Claim:

  1. Connect wallet to vesting portal
  2. View available balance
  3. Claim unlocked tokens
  4. Tokens transfer to wallet immediately

Important Notes:

  • Unclaimed tokens remain in vesting contract (secure)
  • No deadline to claim (claim anytime after unlock)
  • Gas fees apply to claim transactions

7.2 Developers (Grant Recipients)

How Unlocks Are Approved:

  1. Submit deliverable with documentation
  2. Assigned reviewers assess quality
  3. Review period: 1-2 weeks
  4. If approved: Multi-sig signs release
  5. 48-hour timelock executes
  6. Funds transfer to developer wallet

Milestone Requirements:

  • Clear deliverable description
  • Acceptance criteria defined upfront
  • Technical review for code submissions
  • Documentation for user-facing features

Dispute Process:

  • Appeal rejected milestones within 14 days
  • Independent arbitration available
  • Final decision by grants committee

7.3 Grant Recipients

Milestone Validation Process:

┌─────────────────────────────────────────────────────────────┐
│              MILESTONE VALIDATION FLOW                      │
├─────────────────────────────────────────────────────────────┤
│                                                             │
│   1. SUBMISSION                                            │
│      └─▶ Upload deliverables to grants portal              │
│                                                             │
│   2. REVIEW ASSIGNMENT                                     │
│      └─▶ 2 reviewers assigned within 48 hours              │
│                                                             │
│   3. TECHNICAL REVIEW                                      │
│      └─▶ Reviewers assess against criteria (1-2 weeks)     │
│                                                             │
│   4. APPROVAL/REJECTION                                    │
│      └─▶ Both reviewers must approve                       │
│      └─▶ Rejection includes feedback                       │
│                                                             │
│   5. MULTI-SIG RELEASE                                     │
│      └─▶ 3-of-5 signers approve transaction                │
│                                                             │
│   6. TIMELOCK EXECUTION                                    │
│      └─▶ 48-hour delay before funds release                │
│                                                             │
│   7. FUNDS TRANSFER                                        │
│      └─▶ MBO sent to grant recipient wallet                │
│                                                             │
└─────────────────────────────────────────────────────────────┘

7.4 Community Participants

How Incentives Flow Per Epoch:

  • Epoch Duration: ~1,000 blocks (~33 minutes)
  • Distribution: Automatic at epoch boundary
  • Eligibility: Based on program participation
  • Claiming: Varies by program (some auto-distribute)

Active Programs:

Program Distribution Requirements
Liquidity Mining Per-epoch Provide liquidity
Staking Bonus Per-epoch Stake MBO
Bug Bounty On approval Report valid bugs
Ambassador Monthly Complete tasks

Tracking Rewards:

  • View earned rewards in dashboard
  • Historical rewards on-chain
  • Projected rewards based on current participation

7.5 Validators & GPU Providers

Instant Emission Explanation:

┌─────────────────────────────────────────────────────────────┐
│              INSTANT REWARD MECHANISM                       │
├─────────────────────────────────────────────────────────────┤
│                                                             │
│   VALIDATORS (PoS):                                        │
│   ─────────────────                                         │
│   • Rewards calculated per finalized block                 │
│   • 50% of block reward distributed to PoS                 │
│   • Proposer receives larger share                         │
│   • Attesters share remainder by stake weight              │
│   • Rewards immediately transferable                       │
│                                                             │
│   GPU PROVIDERS (PoUW):                                    │
│   ─────────────────────                                     │
│   • Rewards per verified compute receipt                   │
│   • 50% of block reward distributed to PoUW                │
│   • Share proportional to work units                       │
│   • Rewards immediately transferable                       │
│                                                             │
│   NO VESTING BECAUSE:                                      │
│   ────────────────────                                      │
│   • Compensates active, ongoing participation              │
│   • Covers operational costs (hardware, electricity)       │
│   • Staked tokens already provide economic commitment      │
│   • Industry standard for network rewards                  │
│                                                             │
└─────────────────────────────────────────────────────────────┘

8. References

Related Documentation

Document Description
token_intro.md MBO token introduction and overview
token_distribution.md Allocation breakdown and rationale
monetary_policy.md Fixed supply and halving schedule
reward_mechanics.md Reward calculation details
governance.md Governance processes

Contract Addresses

Contract Purpose Address
Contributor Vesting Early contributor unlocks TBD at launch
Foundation Vesting Foundation allocation TBD at launch
Grant Treasury Ecosystem grants TBD at launch
Community Treasury Incentive programs TBD at launch

Audit Reports

  • Vesting Contract Audit: [Link TBD]
  • Multi-Sig Audit: [Link TBD]
  • Economic Model Review: [Link TBD]

This document defines the official vesting and unlock model for MBO. All schedules are enforced by smart contracts and verifiable on-chain.