Primary Market | What do “cliff” and “vesting” mean?
Vesting refers to the arrangement whereby tokens are gradually distributed to holders according to a schedule.
A lock-up period is designed to align the interests of the team and early investors with the project’s long-term development, and to prevent them from selling large amounts as soon as the tokens are listed.
The team and investors’ allocation for $ARB vests over four years: everything is locked up for the first year; after one year, a quarter is unlocked, followed by monthly unlocks.
Don’t trade with borrowed money. The pressure can lead you to make poor decisions.
Markets move quickly, so make your own judgments.
Vesting refers to the arrangement whereby tokens are gradually distributed to holders according to a schedule.
A lock-up period is designed to align the interests of the team and early investors with the project’s long-term development, and to prevent them from selling large amounts as soon as the tokens are listed.
The team and investors’ allocation for $ARB vests over four years: everything is locked up for the first year; after one year, a quarter is unlocked, followed by monthly unlocks.
Don’t trade with borrowed money. The pressure can lead you to make poor decisions.
Markets move quickly, so make your own judgments.