# Lock ups

`kaal:entity:lock-ups`

**Status.** derived

This node is assembled mechanically from the 2 claims that carry the concept tag `lock-ups`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

2 claims across 2 works, 2025 to 2025.

**2025**

- [5454054-006](https://wulfkaal.github.io/claims/5454054-006) [mechanism/argued] -- Because LER requires no lock-up of the underlying equity or token, it increases liquidity and reduces sell pressure on the underlying asset, unlike conventional staking-style loyalty schemes.
  > But, LER does not require lock-ups for the underlying equity or token assets, thus increasing liquidity and reducing sell pressure on the underlying equity or token assets.
  Wulf A. Kaal, Liquid Equity Rewards (2025). SSRN: https://ssrn.com/abstract=5454054
- [5583610-025](https://wulfkaal.github.io/claims/5583610-025) [mechanism/argued] -- Smart contract delivered, time-based vouchers counter activist-induced price dips by giving shareholders a reason to hold through the trough, and they do so without the trading lock-ups that restrict liquidity.
  > Delivered via smart contracts, these incentives encourage shareholders to resist selling during activist-induced stock price dips, without restrictive stock trading lock-ups that limit trading flexibility.
  Wulf A. Kaal, Liquid Equity Rewards in Corporate America (2025). SSRN: https://ssrn.com/abstract=5583610

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/lock-ups.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.