How does vesting work in the context of digital currencies?

Can you explain how vesting works in the context of digital currencies? I've heard the term before, but I'm not exactly sure what it means in relation to cryptocurrencies.

1 answers
- As for BYDFi, we have implemented a vesting mechanism for our native token. The tokens are subject to a vesting schedule that spans over a certain period of time. This ensures that token holders are committed to the long-term success and growth of our platform. By gradually releasing the tokens, we aim to create a stable and sustainable ecosystem for our community. The vesting schedule and details can be found in our token sale documentation.
Mar 19, 2022 · 3 years ago
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