Lockup
DeFi
Period during which tokens cannot be transferred.
A lockup prevents transfers for a period to align incentives. Schedules may include cliffs and then steady unlocks. Always verify the schedule and contract terms.
Frequently asked questions
Why use lockups?
To align incentives and prevent immediate selling after distributions or sales.Can lockups be changed?
Only if the contract or agreement allows it. Changes should be transparent and justified.How do I verify a lockup?
Check token contracts for timelocks and vesting schedules, or review signed agreements.