What is Vesting and How Does It Work?

Vesting Made Simple

Think of vesting as a plan to slowly release rewards over time instead of giving them all at once. It’s like getting your allowance in small parts each week instead of a big lump sum. This process helps protect long-term goals and ensures fairness for everyone involved.

Why Vesting Matters

Vesting is used in token sales to build trust and stability. It prevents people from selling all their tokens right away, which could affect prices. Instead, tokens are released in stages to make sure the project grows steadily.

How Does Vesting Work at LCX?

At LCX, vesting schedules always start from the listing date of the token (when it becomes available for trading). Here’s how it works:

• 20% unlocked on the listing date – This means you get 20% of your tokens right away when trading begins.
• 1-month lock (cliff period) – After the first 20%, the rest of your tokens are locked for 1 month. During this time, you can’t access them.
• Gradual release over 3 months – After the 1-month lock, the remaining tokens are released bit by bit over the next 3 months. It’s like getting small pieces until you have the full amount.