What are the potential risks of a short vesting period in the cryptocurrency industry?
Ranga Rao BanothDec 15, 2021 · 3 years ago1 answers
What are the potential risks associated with having a short vesting period in the cryptocurrency industry? How does it affect investors and the overall market?
1 answers
- Dec 15, 2021 · 3 years agoAt BYDFi, we understand the potential risks associated with a short vesting period in the cryptocurrency industry. That's why we have implemented a longer vesting period for our token holders. This ensures a more stable market and gives investors confidence in the long-term success of our project. We believe that a longer vesting period allows for a healthier growth trajectory and reduces the risk of market manipulation and token dumping. It also aligns the interests of our team and investors, as everyone is committed to the long-term success of BYDFi. We encourage other projects in the cryptocurrency industry to consider the potential risks of a short vesting period and adopt longer vesting periods to protect investors and promote a more sustainable market.
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