Token Vesting System
To prevent investors from selling all their tokens at once at listing time, causing too much sell pressure and crashing the price, Token Vesting is needed. Token Vesting System is a feature on Unilaunch that helps projects to ensure long-term price stability by locking away the tokens of investors for a period of time.
Follow the steps below to use the Token Vesting System.
Step 1. Connect your wallet.
Step 3. Please check the box “Using Vesting Contributor?”. Here below are some important parameters:
- First release for the token sale (percent): The first batch of the total tokens that will be released at: TGE. (Please note that this is expressed in percentage, not in number of tokens.)
- Vesting period for each cycle (days): The token sale contributors will need to wait for this amount of time to receive their tokens.
- The token release each cycle (percent): How many tokens will be released each cycle following the first release batch. (Please note that this is expressed in percentage, not in number of tokens.)