What do “cliff” and “vesting” mean? A lot of people can’t answer!
A typical arrangement is “a 1-year cliff + 3 years of linear vesting”: nothing vests during the first year; once the year is up, a portion vests, and the rest vests evenly each month.
A lock-up period ties the interests of the team and early investors to the project’s long-term development, helping prevent a wave of selling right after launch.
Knowledge can help you avoid some pitfalls, but it can’t replace risk management.
$ARB 0.1888 (-2.38%)
#ARB
Stay rational, and don’t get carried away.
A typical arrangement is “a 1-year cliff + 3 years of linear vesting”: nothing vests during the first year; once the year is up, a portion vests, and the rest vests evenly each month.
A lock-up period ties the interests of the team and early investors to the project’s long-term development, helping prevent a wave of selling right after launch.
Knowledge can help you avoid some pitfalls, but it can’t replace risk management.
$ARB 0.1888 (-2.38%)
#ARB
Stay rational, and don’t get carried away.