Vesting

Large simultaneous token unlocks are a recurring systemic risk that can trigger sharp sell-offs and liquidity stress; understanding cliffs vs linear releases, pricing of expected supply, and mitigation strategies is essential for investors and venture teams. This investigation uses the BGB/LayerZero $1.05B unlock week and Pi Network’s daily cliffs as case studies.

When the Worldcoin team moved 44 million WLD (about $25.6M) the market reacted violently — a useful case study in why team-controlled supply matters. This guide explains the mechanics of such panics, regulatory implications, and a practical checklist for assessing projects with large team reserves.