Vesting
Vesting in cryptocurrency is a key aspect of token distribution, setting the pace at which new tokens enter the market.
By locking up a portion of tokens for a set period, vesting helps to manage the circulating supply and, by extension, influence token price. BXNK has complex vesting plan structured to ensure market stability by managing the release of tokens in a controlled manner. Vesting plan depends on type of investment, time of investing, which vesting last for up to 42 months which period, followed with cliff is reserved for a team.
This mechanism is particularly crucial for team members, advisors, and early investors, as it prevents them from selling off their tokens immediately after a project's launch.
BXNK structured vesting in a way to increase investor confidence by demonstrating the project team's long-term commitment.
Over the long term, vesting aligns stakeholders' interests, encouraging thoughtful decision-making and reducing price volatility.
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