How Does a “Lock-up Period” Relate to a Vesting Schedule?
A lock-up period is an initial phase within a vesting schedule where no tokens are released to the team or early investors. It's a strict prohibition on selling for a set time after the token generation event.
Once the lock-up period expires, the regular vesting schedule typically begins, releasing tokens gradually. It ensures immediate stability post-launch.
This is the strictest form of token restriction.