Team Vesting
Last updated
Last updated
In cryptocurrency, vesting lock refers to a mechanism where tokens are locked and released gradually over a specific period. This is often used to ensure the long-term commitment of project team members, early investors, or other stakeholders. Vesting schedules help prevent sudden large sell-offs of tokens (also called "token dumps") that could harm the project or its token value
Purpose: Builds trust by showing that founders and early investors are committed for the long term.
Schedule: Tokens are released in increments (e.g., monthly or quarterly) after an initial cliff period (a waiting period before any tokens are released).
Example: A team member may have 1,000 tokens under a one-year vesting schedule with a 3-month cliff. After 3 months, they start receiving 250 tokens every quarter.
Security: Tokens remain locked in a smart contract until their release, ensuring they cannot be accessed prematurely.
Vesting locks protect both the project and its investors by reducing market volatility and encouraging sustainable growth.
To initiate Vesting, select "create a lock" from the main menu.
Highlight your Choice for LP Lock or Token
Enter, Depending on you choice from line 1, Contract Address for Token Locking and Pair Address for LP Lock
Enter the amount of token to be included in this vesting lock.
Enter the wallet address(es), (default is connected wallet). This option is specially for vesting token program.
First Lock Releases: This should be the listing time on DEX.
The percentage of the first batch of tokens to be released.
Cycle (days): The duration, in days, between each batch of vested tokens being released.
The (%) of tokens to be released in each cycle following the First Token Release batch
Enter a name for this vesting for you to identify easier later. Ex: Vesting Token
Review Summary and “Lock” to pay the fees and finalize.