Glossary - ChicksX

Vest / Vesting Period is a timeframe in which assets are gradually released to beneficiaries.

Vest / Vesting Period is the duration over which assets, such as tokens or shares, are incrementally distributed to recipients. This period prevents immediate access to the entire amount, often used to incentivize long-term commitment or performance. Common in startups and crypto projects, vesting schedules can include cliffs, where no assets are released until a specific time, followed by regular distributions. In crypto, vesting ensures team members or investors cannot sell all assets immediately, promoting project stability and alignment with long-term goals.