> For the complete documentation index, see [llms.txt](https://docs.liquidloans.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.liquidloans.io/base/deployment.md).

# Deployment

### Is there a LOAN lockup and token vesting period?

Some LOAN is reserved for team members and advisors, and is locked up after system deployment.

**In the first year after launch:**

* All team members and advisors are only able to access a portion of their locked up LOAN tokens, paid out monthly.
* The Liquid Loans admin address may transfer tokens only to verified lockup contracts with an unlock date after system deployment

Also, separate LOAN allocations are made at deployment to an EOA (externally owned account) that will hold an amount of LOAN for bug bounties / hackathons and to a bonus rewards contract.

Aside from these allocations, the only LOAN made freely available is the LOAN publicly issued to Stability Providers.

Note that the Liquid Loans admin address has no extra privileges and does not retain any control whatsoever over the Liquid Loans protocol once deployed.