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 2. Select your token if you already have one or create a new token for the Launchpad by following this guide:dẫn link
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.)