Chapter 4

Vesting and Unlocks

Vesting schedules control when insiders and investors can sell. A token pumping pre-unlock often reverses when cliffs hit — predictable supply shocks move markets.

Reputable projects use on-chain vesting contracts — tokens release automatically per schedule. Verify contract addresses on block explorers. Off-chain promises without on-chain locks are worth less.

Tools like Token Unlocks and project dashboards show upcoming events. Large unlocks from team or investor wallets often precede volatility — 10% of float unlocking in a week matters far more than 10% over two years.