A schedule that gradually releases tokens over time rather than all at once. Prevents team members and early investors from dumping tokens immediately. Typical vesting: 1-4 years with a cliff period.
A schedule that gradually releases tokens over time rather than all at once.
Prevents team members and early investors from dumping tokens immediately.
Typical vesting: 1-4 years with a cliff period.
This is a key building block of decentralized finance. Understanding it helps you navigate DeFi protocols safely, evaluate yield opportunities, and avoid common pitfalls.