Cryptocurrency Q&A What is the vesting period for Aprs?

What is the vesting period for Aprs?

SakuraDance SakuraDance Mon Aug 19 2024 | 6 answers 1437
Could you please clarify what the vesting period for Aprs is? Is it a set duration of time that token holders must wait before they can access or transfer their tokens? Are there any specific conditions or requirements that must be met before the vesting period is completed? Additionally, are there any penalties or restrictions in place if the vesting period is not adhered to? It would be great if you could provide a concise and straightforward explanation of the vesting period for Aprs. What is the vesting period for Aprs?

6 answers

Giulia Giulia Wed Aug 21 2024
After the cliff period, the remaining 80% of the APRS tokens will be gradually vested and unlocked over an 18-month period. This gradual release is designed to prevent a sudden flood of tokens into the market, which could potentially destabilize the ecosystem.

Was this helpful?

270
70
Tommaso Tommaso Wed Aug 21 2024
In order to ensure the long-term health and stability of the gaming ecosystem, APRS has implemented a structured vesting and unlock schedule for its tokens. This approach is designed to prevent market manipulation and ensure that the token distribution is gradual and sustainable.

Was this helpful?

188
71
Giulia Giulia Wed Aug 21 2024
At the token generating event, 20% of the total APRS tokens will be immediately unlocked and available for trading. This initial release serves as an initial liquidity injection into the market, allowing early adopters and investors to participate in the ecosystem.

Was this helpful?

131
36
Eleonora Eleonora Wed Aug 21 2024
Following the initial unlock, there will be a two-month cliff period, during which no further tokens will be released. This period serves as a cooling-off period, allowing the market to adjust to the initial supply and demand dynamics.

Was this helpful?

343
47
Skywalker Skywalker Tue Aug 20 2024
The vesting and unlock schedule is implemented on a block-by-block basis, ensuring that the distribution of tokens is predictable and transparent. This approach allows market participants to anticipate future supply and demand dynamics, and make informed decisions about their investments.

Was this helpful?

255
32
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts