I was asked: What exactly does TGE mean?
My usual answer is: Arbitrum’s TGE was on March 16, 2023. The team’s and investors’ allocations were locked for one year from the TGE, with the first unlock in March 2024. The lower the percentage released at the TGE, the more tokens will be unlocked gradually later on. This also affects the pace of supply and demand after listing.
$ARB 0.1915 (+3.68%)
Have you run into any pitfalls related to this? Share them so others can avoid the same mistakes.
#ARB
Just for reference—trade at your own risk.
My usual answer is: Arbitrum’s TGE was on March 16, 2023. The team’s and investors’ allocations were locked for one year from the TGE, with the first unlock in March 2024. The lower the percentage released at the TGE, the more tokens will be unlocked gradually later on. This also affects the pace of supply and demand after listing.
$ARB 0.1915 (+3.68%)
Have you run into any pitfalls related to this? Share them so others can avoid the same mistakes.
#ARB
Just for reference—trade at your own risk.