Someone asked: What do “cliff” and “vesting” mean?
My answer: Some projects release a small portion at TGE, with the rest locked up and then released linearly over time. The lock-up period is mainly intended to align the interests of the team and early investors with the project’s long-term development and prevent them from selling off a large amount as soon as the project launches.
$ARB 0.1947(+10.63%)
If you learned something, drop a 1. If you’re still unsure, leave a comment and ask away.
Markets change in the blink of an eye, so don’t rush to conclusions.
My answer: Some projects release a small portion at TGE, with the rest locked up and then released linearly over time. The lock-up period is mainly intended to align the interests of the team and early investors with the project’s long-term development and prevent them from selling off a large amount as soon as the project launches.
$ARB 0.1947(+10.63%)
If you learned something, drop a 1. If you’re still unsure, leave a comment and ask away.
Markets change in the blink of an eye, so don’t rush to conclusions.
