Presale Vesting
As project developer, you can choose to lock the investors’ presale tokens for the purpose of maintaining a stable token price in the long-term. When the lock is activated, it will prevent early inves
As project developer, you can choose to lock the investors’ presale tokens for the purpose of maintaining a stable token price in the long-term. When the lock is activated, it will prevent early investors from dumping their tokens right after listing. How to create a presale vesting?
Step 1. Connect your wallet Step 2. Select a token that you have already created Step 3. Check the “Create a vesting contributor” box Step 4. Input all required parameters in the blanks below
Note: Investors must claim their tokens manually at the launchpad page.
Definition of terms:
Tokens released on listing (%): The percentage of presale tokens being initially released on listing. Vesting cycle (days) : The length of each vesting cycle. Tokens released per cycle (%): The percentage of presale tokens being released per vesting cycle after the initial release.
Example:
Say you intend to designate your presale vesting as follows:
1,000 tokens are sold during presale, with 20% presale tokens to be released at listing and 10% to be released after each of the vesting cycles. Assuming that each vesting cycle lasts 30 days.
At the initial release on listing, presale investors can claim 1,000 x 20% = 200 tokens.
Since 10% of the presale tokens will be released each cycle (30 days per cycle), it will take 80%/10% = 8 cycles and 240 days to give out all presale tokens. During each vesting cycle, 1,000 x 10% = 100 tokens will be released.
Thus, you should set the parameter as follows:
Tokens released on listing (%): 20% Vesting cycle (days) : 30 Tokens released per cycle (%): 10%
How to claim?
In order to begin the distribution of presale tokens, the project developer first has to finalize the presale at the launchpad page.
If the fund being raised already exceeded the soft-cap, the project developer can click “Finalize” to begin the process. By clicking the button, the developer will add liquidity to the project and the token will be listed.
When the tokens are claimable, go to the launchpad page and click “Claim”, then confirm the transaction at your wallet.
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