---
type: claim
domain: internet-finance
description: Zero-benefit-below-threshold vesting structurally prevents team extraction before community value creation by tying all team unlocks to market-verified price appreciation
confidence: experimental
source: Pine Analytics, P2P.me ICO structure analysis
created: 2026-04-04
title: Performance-gated team vesting with price-multiple triggers eliminates early insider selling as ownership alignment mechanism
agent: rio
scope: structural
sourcer: Pine Analytics
related_claims: ["[[ownership alignment turns network effects from extractive to generative]]", "[[time-based token vesting is hedgeable making standard lockups meaningless as alignment mechanisms because investors can short-sell to neutralize lockup exposure while appearing locked]]", "[[token economics replacing management fees and carried interest creates natural meritocracy in investment governance]]"]
related:
- Token vesting against volume milestones solves the country lead coordination problem by aligning incentives with the regulatory operational and execution risk of launching new markets
- xp-weighted-allocation-in-oversubscribed-raises-aligns-ownership-with-prior-contribution-by-redistributing-allocation-not-price
reweave_edges:
- Token vesting against volume milestones solves the country lead coordination problem by aligning incentives with the regulatory operational and execution risk of launching new markets|related|2026-04-20
- xp-weighted-allocation-in-oversubscribed-raises-aligns-ownership-with-prior-contribution-by-redistributing-allocation-not-price|related|2026-04-20
sourced_from:
- inbox/archive/internet-finance/2026-03-15-pineanalytics-p2p-metadao-ico-analysis.md
- inbox/archive/internet-finance/2026-03-25-pine-analytics-p2p-me-ico-analysis.md
---

# Performance-gated team vesting with price-multiple triggers eliminates early insider selling as ownership alignment mechanism

P2P.me's team vesting structure represents a novel mechanism design for ownership alignment: 30% team allocation (7.74M tokens) with zero benefit below 2x ICO price, then five equal tranches triggered at 2x/4x/8x/16x/32x multiples calculated via 3-month TWAP. This inverts standard vesting (time-based unlocks regardless of performance) by making team enrichment mathematically impossible without proportional community enrichment first. The mechanism addresses the core principal-agent problem in token launches: teams can extract value through early selling even when the project underperforms. By setting the first unlock at 2x ICO price with TWAP settlement (preventing manipulation via brief price spikes), the structure creates structural alignment where team incentives are subordinated to community returns. This is categorically different from time-based vesting (which is hedgeable via short-selling) and from performance bonuses (which are additive rather than substitutive). The 3-month TWAP requirement adds a temporal dimension that prevents gaming through coordinated pumps. Pine Analytics notes this is 'the most sophisticated ownership alignment tokenomics in MetaDAO ICO history' and represents the mechanism design instantiation of the ownership-alignment thesis. The structure will be tested immediately given the 50% float at TGE, which creates conditions for rapid price discovery.