๐Ÿ”ฅ Primary Market Insights: Lock-Ups
With a smart-contract lock-up, you can verify on a block explorer how much is locked and when it expires. A lock-up based on a written agreement, on the other hand, relies solely on the teamโ€™s credibility.
When you hear โ€œthe team has locked up its tokens,โ€ check the lock-up contract and unlock date on a block explorer. Donโ€™t just take their word for it.
Subscribing $BNB to a fixed-term product is also often described as a โ€œlock-up.โ€
What do you think? Join the discussion in the comments.