What exactly do people mean by “token lockup”?
For staking or fixed-term investments, a lockup means you can’t withdraw your assets at any time during the agreed term, or that you’ll have to forgo some of your returns if you redeem early.
A team token lockup restricts whether tokens can be sold, while a staking lockup restricts whether assets can be withdrawn. These have different implications for the market.
Subscribing to a fixed-term product with $BNB may also be described as a “lockup.” Currently 738.02.
Understanding how it works helps you make informed decisions; it isn’t a way to predict price movements.
#BNB
For staking or fixed-term investments, a lockup means you can’t withdraw your assets at any time during the agreed term, or that you’ll have to forgo some of your returns if you redeem early.
A team token lockup restricts whether tokens can be sold, while a staking lockup restricts whether assets can be withdrawn. These have different implications for the market.
Subscribing to a fixed-term product with $BNB may also be described as a “lockup.” Currently 738.02.
Understanding how it works helps you make informed decisions; it isn’t a way to predict price movements.
#BNB