Unlocking Tokens & SUI Token Unlock Status

It usually refers to a mechanism used by cryptocurrency projects to unlock cryptocurrency tokens for teams, advisors, and investors. When a cryptocurrency unlock occurs, these tokens can be traded, transferred, and other operations can be performed by the holders.

Cryptocurrency unlocking is described as the process of unblocking digital currency. It is a bidirectional trading method that avoids interrupting transactions during market fluctuations while preserving existing profits or preventing losses from expanding, which means holding both long and short positions of the same currency pair in equal amounts simultaneously.

Cryptocurrency unlocking refers to a liquidity mechanism that is typically designed as a way to release tokens over a period of time. After a cryptocurrency project completes its ICO or private placement, tokens are usually restricted from being sold for a period of time. This period is called the token lock-up period. During the token lock-up period, frozen tokens cannot be traded, transferred, or any other operations. Only after the token lock-up period ends can the tokens be unlocked.

The main purpose of the cryptocurrency unlocking mechanism is to attract investors. Many cryptocurrency projects hope to encourage investors to continue holding tokens through this mechanism to promote stable value growth. In addition, token unlocking can also serve as a form of constraint and monitoring. By locking tokens for a period of time, control can be exerted over the actions of teams and advisors in releasing tokens, preventing them from excessively selling off and exerting too much downward pressure on the token price.

#今天SUI Unlock November 1st