While ApeSwap’s change from immediate IAO token unlock to a 3 month vesting period has been well-received, we feel further improvements can be made. The proposal below outlines adopting a model in which token allocations are continually vested over a 3 - 12 month timeframe.

Option 1: Vest IAOs Continually

For future Initial Ape Offerings, ApeSwap would restructure the vesting method to a continuous, linear model after the initial 25%. This means IAO tokens that are owed to users would be continually distributed and eligible for claim at any time, over a span of time (similar to how staking pool rewards work).

For example, you could claim 25% of your IAO allocation right after the end of the sale. The rest of your IAO tokens could be claimed on a daily basis (or even more frequently) over the remaining vesting period.

The exact timeframe in which the vested rewards would be distributed is between 3 to 12 months, which would be established in business negotiations with the partner project and shared with the community prior to the Initial Ape Offering.

Option 2: No Change

IAO tokens vesting schedule will not be changed, continuing with 4 vesting periods - one initial period and three subsequent with 25% each over 3 months.