> For the complete documentation index, see [llms.txt](https://docs.respct.club/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.respct.club/information/token-economics/creator-token/vesting-period.md).

# Vesting Period?

**What is a vesting period?**

Just like there is investing there is vesting, though that might not make things as clear. So vesting basically means, not investing. A time period where the tokens/stocks/asset is your but you cannot trade it in either direction. Its to protect the interest of investor and at times interest of issuer. So in case of [respct.club](http://respct.club) we have a vesting period for the issuer that is our creator. Though the total creator token supply is 10M but they do not have access to these tokens all at once but rather its disbursed to the users in periodic sense. There is also something called cliff which is basically a phase where no disbursement of tokens is done and a cliff comes after which the release begins. In our case we have a cliff of 6 months where only 1M coins are put into initial supply and after that 150,000 tokens are released every month.

[https://paidnetwork.medium.com/the-what-and-why-of-vesting-schedules-120a0b7222f#:\~:text=Vesting is the process of locking and releasing tokens after,they went on general sale](https://paidnetwork.medium.com/the-what-and-why-of-vesting-schedules-120a0b7222f#:~:text=Vesting%20is%20the%20process%20of%20locking%20and%20releasing%20tokens%20after,they%20went%20on%20general%20sale)

<https://hackernoon.com/token-vesting-process-why-is-this-a-great-idea-34933e9e8bc5>
