What is the meaning of TRL in the context of cryptocurrency trading?

1 answers

• May 09, 2022 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, implements a TRL mechanism to protect the interests of its token holders. The lockup period ensures that tokens acquired through BYDFi's token sale are not immediately dumped on the market, which could negatively impact the token's value. This mechanism promotes a more stable and sustainable market for BYDFi's tokens, benefiting both investors and the overall ecosystem. Investors should consider the TRL period when participating in BYDFi's token sale to understand the token's liquidity and distribution schedule.
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