At SnuggleCleo, we’re committed to ensuring a sustainable and responsible distribution of SNUG tokens to the institutions we support. To achieve this, all tokens granted to organizations will be subject to a vesting program designed to balance long-term impact, token stability, and community involvement.

From the 250,000,000 SNUG tokens allocated for donations, 10% (25,000,000 tokens) will be held in a special wallet reserved for emergencies our partner institutions may face. Accessing this emergency fund will follow a process similar to requesting a vesting anticipation, requiring a detailed proposal and approval by the SnuggleDAO community. 

The remaining 90% (225,000,000 tokens) will be donated equally over the first five years of the project, with 20% (45 million tokens) donated each year. 

To maintain transparency, all donation-related transactions will be managed through a public wallet, enabling the community to track the allocation and usage of the funds in real time. This commitment to visibility reinforces our mission to support animal welfare with integrity and accountability.

How the Vesting Program Works

1. Vesting Period

• The total amount of tokens allocated to an institution will be released gradually over a period of 3 years.
• Tokens will be unlocked quarterly in percentages that increase over time, ensuring a controlled growth in the circulating supply and reducing the risk of inflation.

2. Release Schedule

This is the token release schedule that all recipient institutions will follow for our donations. This scaling schedule ensures institutions have immediate access to a portion of their granted tokens while incentivizing long-term alignment with SnuggleCleo’s mission.

Community Governance through SnuggleDAO

Requesting Early Vesting

• Institutions facing urgent needs or special circumstances may request an early release of their vested tokens or access to the emergency funds.
• These requests will be reviewed and decided by the SnuggleDAO, allowing the community to assess and approve cases where accelerated token distribution can create a greater positive impact.

Empowering the Community

• Every SnuggleCleo token holder has a say in deciding how and when early vesting is granted, ensuring alignment between the community, the project, and the institutions supported.

Why This Vesting Program Matters

For Institutions

• Provides financial stability and a predictable flow of resources over time.
• Encourages sustainable planning for long-term projects.

For SNUG Token Holders

• Helps control token inflation and supports healthy market dynamics.
• Ensures donations contribute to measurable impact without sudden oversupply.

For the Project

• Maintains transparency and accountability while fostering trust with the community and supported institutions.

Transparency and Impact

1. Vesting Wallets:
   • Each institution’s allocated tokens will be held in a public vesting wallet to ensure full transparency.
2. Impact Tracking:
   • Institutions receiving tokens will report quarterly on how the funds are being used, tying token distribution to real-world results.

The vesting program reinforces our commitment to responsible tokenomics, meaningful partnerships, and empowering our community to play an active role in supporting animal welfare.