Vesting-as-a-Service
Frequently asked questions about TrustSwap's Vesting-as-a-Service
What is Vesting-as-a-Service?
The Vesting portal is similar to the token locks but offers options for distribution over time to multiple wallets, so that early investors can receive their tokens slowly and cannot sell them all on launch day.
Why is Vesting-as-a-Service important?
Projects create hourly token vesting contracts for external recipients via our audited smart contract platform with flexible vesting periods/amounts. Consequently, this will assist in preventing mass token dumps by investors, airdrop and ICO/ILO/IDO participants and/or other vested external parties.
This is done by continuously releasing small amounts of tokens into an hourly claiming dashboard.
Therefore, vested tokens holders will individually decide with which intervals to (partially) claim their tokens. Creating a more balanced and spread division of token releases reduces sell pressure, mass dumping and volatility.
How can I create my vesting schedule?
Project members can go to: https://team.finance/vesting and:
Select to upload the vesting able or create yourself.
Follow the steps, transfer the tokens to be vested and Team Finance will do the rest.
Make sure you connect with a compatible wallet such as Metamask to complete the required steps.
What are the options for token vesting?
You can set your vesting rate so that tokens unlock in daily, weekly, or monthly increments. Insert a clif, cliff initial unlock percentage and more. You can even have different vesting settings per person.
How are tokens claimed and received?
Recipients of vested tokens can claim the unlocked amount at any time via the claim portal at https://team.finance/. They will need to pay a gas fee for each claim.
How should the Vesting CSV file be formatted?
Download the vesting example to see the order and options.
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