What are the advantages of using double trigger RSU in the cryptocurrency industry?

3 answers

• Mar 19, 2022 · 3 years ago
  Double trigger RSUs offer several advantages in the cryptocurrency industry. Firstly, they provide employees with a sense of security and motivation. By having two triggers, such as a change in control or an IPO, employees can be assured that they will receive their stock units only when certain conditions are met. This helps to align the interests of employees with the success of the company, as they are incentivized to contribute to its growth and success. Additionally, double trigger RSUs can be a valuable retention tool for companies, as they encourage employees to stay with the company until the triggers are met, reducing turnover and ensuring continuity.
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• Mar 19, 2022 · 3 years ago
  Using double trigger RSUs in the cryptocurrency industry can also help companies attract top talent. In a highly competitive industry like crypto, offering RSUs with two triggers can be an attractive incentive for potential employees. It demonstrates that the company values its employees and is willing to reward them for their contributions. This can give companies a competitive edge in recruiting and retaining skilled professionals in the cryptocurrency space.
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• Mar 19, 2022 · 3 years ago
  From BYDFi's perspective, double trigger RSUs can be a strategic tool for incentivizing employees and aligning their interests with the company's goals. By implementing double trigger RSUs, BYDFi can ensure that employees are motivated to contribute to the company's success and are rewarded accordingly. This can help BYDFi attract and retain top talent in the cryptocurrency industry, driving growth and innovation.
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