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Lock & Vesting

CODI Lock

Free, fully customizable Vesting and Distribution Protocol for project owners.
Courageous crypto pioneers now have a reliable instrument for separating the good from the bad; the innovators from the crooks and many more features:
It’s a certain amount of tokens that are held aside for some period of time for the team, partners, advisors, and others who are contributing to the development of the project. Smart contracts usually lock a certain amount of funds until contract conditions are met. For example, startups that use the blockchain technology can lock a certain amount of tokens: the team can reserve 15% of coins, for instance, which will be gradually released once a month/quarter/year during the project process for financial purposes. In general terms, the process of releasing these coins is called vesting.

CODI Vesting

As the token Vesting Process is becoming more complex and more tokens are set aside for the companies it is vital for the projects to clearly explain the allocation of tokens to founders, early investors and others. Investors need to know that the project team has sufficient skin-in-the-game without too much-centralized control of the token. In addition, details on founder vesting schedules and cliffs should be clearly communicated.
Example
#UNLOCK
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2
3
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5
DATE
22.06.2022
22.12.2022
22.6.2023
22.12.2023
22.06.2024
UNLOCKED TOKENS
25%
50%
75%
88%
100%
Last modified 1yr ago