What do “cliff” and “vesting” mean? Don’t worry—here’s the class rep’s explanation:
Some projects release a small portion on the day of the TGE, while the rest is locked up and then released linearly.
The release schedules often differ by allocation: ecosystem incentives may start being distributed very early, while team members and investors are usually subject to longer lockups.
Learning this won’t make me money right away, but it can help me avoid making a rookie mistake.
$ARB 0.1501(-8.81%)
#ARB
Some projects release a small portion on the day of the TGE, while the rest is locked up and then released linearly.
The release schedules often differ by allocation: ecosystem incentives may start being distributed very early, while team members and investors are usually subject to longer lockups.
Learning this won’t make me money right away, but it can help me avoid making a rookie mistake.
$ARB 0.1501(-8.81%)
#ARB
