The currency lock-up mechanism stabilizes the currency price and enhances the credibility of the project by limiting the short-term selling behavior of token holders. Common lock-up times include: ICO stage: 6-12 months Team distribution: 1-3 years Staking: 3-6 months or longer Liquidity mining: 30-90 days Platform tokens: The specific time is variable
Coin Circle Lock-up Time
Coin Circle Lock-up is a mechanism to prevent token holders from selling in the short term, thereby stabilizing currency prices and improving the credibility of the project side. The specific lock-up time varies from project to project, but generally there are the following common situations:
1. Token Issuance (ICO) lock-up
The ICO stage usually has a lock-up period of 6-12 months. This is to ensure that early investors do not immediately sell their tokens and affect the market value.
2. Team distribution lockup
In order to prevent the team from selling a large number of tokens for cash out, the project team will lock up the tokens distributed by the team, usually for 1-3 years.
3. Staking and locking
Some blockchain projects will reward holders through a staking mechanism, and the staking and locking time is usually 3-6 months or longer.
4. Liquidity Mining and Locking
Liquidity mining refers to providing liquidity in a decentralized exchange (DEX) to earn rewards. These rewards usually require locking for a period of time, such as 30- 90 days.
5. Platform token lock-up
Tokens issued by exchanges or other platforms may have a lock-up period for a certain period of time to demonstrate commitment and stability to the project.
It should be noted that:
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