# Terminology **Tokenomics** is the study of the economic models behind a cryptocurrency token or crypto asset. It encompasses various factors, including total supply and future dilution, initial distribution, vesting periods, utility, burn mechanisms and economic stability. **The Cliff period** is the period of time after which the initial amount of tokens will be unlocked for the category; “**INSTANT**” means that no cliff period exists and the initial unlock event happens immediately and the released amount of tokens is ready for free float. **Initial unlock** is the initial percentage of tokens that is released after the cliff period for each category. **The Vesting period** is the period of time during which more amounts of tokens will be released for the category proportionally on a monthly basis; e.g. the “Team” will get 1.75 mln. tokens released after 18 months lock period and in the next 19 months they will get 1.75 mln. tokens every month until the full amount of 35 million tokens is reached; “**INSTANT**” which means that no vesting period exists for the category. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://wiki.pizzaton.me/info/terminology.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.