What is the concept of vesting in the crypto industry?

1 answers

• Nov 24, 2021 · 3 years ago
  In the crypto industry, vesting is a mechanism used to prevent token holders from selling their tokens immediately after a project's launch. It helps to ensure that the project's team and early investors are incentivized to work towards the long-term success of the project. Vesting typically involves a predetermined period of time during which the tokens are locked and gradually released to the holders. This helps to stabilize the market and prevent sudden price crashes that can occur when large amounts of tokens are dumped all at once. Vesting is an important concept to consider when evaluating the potential of a cryptocurrency project and its long-term viability.
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