🗣️Presale Vesting Guild
Vesting For Contributors is a feature on TONSale that helps projects to ensure long term price stability by locking away the tokens of presale investors for a period of time. It prevents presale inve
Last updated
Vesting For Contributors is a feature on TONSale that helps projects to ensure long term price stability by locking away the tokens of presale investors for a period of time. It prevents presale inve
Last updated
Follow the steps below to use the Vesting for Contributors feature.
Connect your wallet.
Select your token if you already have one or create a new token for the Launchpad by following this guide: https://docs.tonsale.io/
At “step 2: DeFi Launchpad Info”, please check the box “Using Vesting Contributor?”. Here below are some important parameters:
First release for presale (percent): The first batch of the total presale 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): Presale contributors will need to wait for this amount of time to receive their tokens.
Presale 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.
NOTE: Presale contributors must claim their tokens manually from the Launchpad page on TONSale
For example, your project has a Vesting For Contributors schedule as follows:
100 tokens sold at presale, 20% presale tokens to be released at TGE, 10% to be released each subsequent month.
Your presale opens on the 5th January. Presale contributors bought all 100 tokens at TGE, you then finalize your Launchpad and contributors can claim their presale tokens, which are 100 x 20% = 20 tokens in total. Then after that, on the 5th day of every month, they can claim 10 tokens each time by visiting the TONsale dashboard. On the 5th September (8 months after the end of your presale), they will receive the final batch of tokens.
In the above mentioned example, you would enter the following information:
First release for presale (percent): 20
Vesting period each cycle (days): 30
Presale token release each cycle (percent): 10.
See below:
After a project owner finalizes a Launchpad (https://docs.tonsale.io/), the presale will end.
Presale contributors can now go to the presale Launchpad page and claim the first batch of presale tokens by clicking on the “Claim” button. They also can check the Current Vesting Cycle and Remaining Vesting Cycle.
TonKeeper will now ask you to confirm the transaction. It will also show you the fee that you are required to pay for that transaction. If you agree, then click on the “Confirm” button to finish the process, and then the presale tokens will be sent to your wallet.
