Token Locker
Ensuring Transparency and Security
The Token Locker is a vital feature in the TON Launchpad ecosystem. It provides a secure way for projects to lock up their tokens, ensuring transparency and building trust with investors. This tool is especially important for vesting schedules, where teams or early investors must lock their tokens for a specific period to prevent premature selling (or “token dumps”) that could negatively impact token prices.
Key Features:
Vesting Schedules: Projects can set up custom vesting schedules for their tokens. This ensures that team members, advisors, and early backers have their tokens locked up for a pre-determined period, reducing the risk of market manipulation or large sell-offs shortly after the token sale.
Investor Trust: By locking their tokens, projects demonstrate a long-term commitment to their success. This reassures investors that the team is aligned with the project’s goals and won’t sell off their tokens at the expense of the community.
Fully Transparent: The token locker operates on the blockchain, meaning all locking schedules and releases are fully transparent and visible to the community. Investors can track the release schedules to ensure that the project remains compliant with its promises.
How It Benefits Projects:
Building Investor Confidence: Projects that use the token locker can signal to potential investors that they are committed to long-term growth, which can lead to more successful fundraising rounds.
Customizable Lock Periods: The platform allows projects to set flexible lock periods, whether it’s a linear release over several months or a cliff period followed by gradual token unlocking.
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