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Token Generation Event

1 min read
Pronunciation
[to‑ken jen‑uh‑ray‑shun ee‑vent]
Analogy
A Token Generation Event is like a company’s share issuance—new shares (tokens) are minted and allocated to investors.
Definition
A blockchain event in which new tokens are created and distributed to participants, encompassing ICOs, IEOs, IDOs, and other issuance mechanisms.
Key Points Intro
TGEs establish token supply via:
Key Points

Minting action: Smart contract `mint` functions create tokens.

Distribution rules: Defines allocation to investors, team, treasury.

Vesting schedules: Locks portions for team/advisors over time.

Event logging: Emits `Transfer` events for transparency.

Example
A DeFi protocol’s TGE mints 100 million tokens: 60% to community sale, 20% to team with 1‑year cliff, 20% to treasury.
Technical Deep Dive
TGE contracts specify `cap`, `rate`, `vesting` structs. During the event, participants send funds to `buyTokens`, which calls `_deliverTokens`. Vesting contracts hold team tokens, releasing them per schedule. All mints and transfers emit standard ERC‑20 events for off‑chain indexing.
Security Warning
Incorrect vesting logic can prematurely release tokens; audit vesting contract thoroughly.
Caveat
Post‑TGE market dynamics (liquidity, lock‑ups) heavily influence token price.
Related Terms
Vesting
ERC‑20
Smart Contract Audit

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