Top 10 Projects by Community Growth on Major Social Platform | AREWA CRYPTO on Binance Square

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Top 10 Projects by Community Growth on Major Social Platforms.Attached is the list of leading projects by community growth in 2023 on major social platforms i.e Telegram, Twitter and Discord Channel.
Which of the project is your favorite ? let share in comment Section below 👇👇

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Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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What is Vesting? Vesting is a mechanism for distributing assets (such as company shares or tokens in cryptocurrency projects) over a specific period or upon meeting predefined conditions. The primary goal of vesting is to encourage long-term loyalty among employees, investors, or project participants. How does vesting work? 🔵 Cliff period: — At the beginning, participants do not have access to the assets. For example, this can last 6 months or a year. — During this period, the employee or investor needs to demonstrate their performance. 🔵 Vesting schedule: — Assets are distributed gradually, for example, monthly or annually. — Full distribution may take several years (usually 2–4 years). 🔵 Conditions: — Access to assets depends on fulfilling conditions such as tenure, achieving KPIs, or adhering to other agreements. In cryptocurrency projects, vesting is often used to distribute tokens among: 🔵 Project teams: To motivate founders and developers to stay committed. 🔵 Investors: To protect against a sudden sell-off of tokens on the market. 🔵 Early adopters: To encourage long-term participation. Tokens undergoing vesting are usually locked in a smart contract and released as timelines or conditions are met. Advantages of vesting: 🔵 Stability: Helps retain employees or investors in the project. 🔵 Motivation: Encourages long-term involvement and productivity. 🔵 Control: Protects assets from mass withdrawal or sell-offs. Risks of vesting: 🔵 If a participant leaves the project before completing the vesting schedule, they may lose access to part or all of the assets. 🔵 Failure to meet project conditions may also affect asset distribution.

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