Vesting [evm]
TEAM AND SALE TOKENS
Last updated
TEAM AND SALE TOKENS
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.
Highlight your Choice for LP Lock or Token Locking system or Vesting Team Token or ICO
Enter, depending on your 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 lock.
Enter the owner wallet address. Make sure you are locking the right wallet address and can’t change afterwards.
Lock till date and time in format shown. UTC
Enter a name for this lock for you to identify easier later. Ex: My LP Lock
Review Summary and “Approve” to pay the fees and finalize.
After clicking “Approve” MetaMask will prompt you to confirm the transaction and display the associated fee. Review the details, and if everything is correct, click “Confirm” to complete the process.
Vesting locks protect both the project and its investors by reducing market volatility and encouraging sustainable growth.