Hedera HBAR

Commentary versus actual token vesting

The original terms are fully recoverable for all nine rounds — TGE unlock percentage, cliff length and vest duration for each — and they show a deliberately staggered design with cliffs from zero to 36 months and vests from zero to 48. Eight rounds have since completed and one remains open at roughly 83%, so the schedule is verifiable both in structure and in outcome. Two limitations: every vest is non-linear, so the within-window release rate cannot be reconstructed from the published duration, and the terms come from a third-party reconstruction carrying its own accuracy caveat rather than from a Hedera page setting out the original schedule. Publishing the original per-round terms first-party, alongside the existing release reporting, would remove that dependency.