@dfheju5th
Lock-up and unlock rules directly impact liquidity—extended lock-ups restrict access to tokens, affecting short-term 资金安排. Participants should align 资金使用 plans with unlock schedules: allocate funds for other uses during lock-ups, and plan for potential sell-offs or reinvestments post-unlock. Note vesting cliffs (e.g., 20% unlocked at T+6 months, then monthly) to avoid liquidity gaps, and factor in market conditions when deciding to hold or sell after 解锁.