It is important to ensure that you have already minted your token and that your wallet or multisig holds the entire supply before using the vesting feature.
If you have not yet minted your token, you can use the Token Creator to do so. It is also important to know your token supply beforehand. Vesting works with any ERC20 token on supported networks. Rebase tokens require a workaround, and tax tokens require whitelisting the vesting contract.
Using the vesting feature is free for projects, with no fees to lock tokens. You can also use your vesting schedule to distribute unlocked tokens to investors at launch.
With Unvest’s vesting feature, you can create as many rounds as you like. These rounds are permanent and cannot be undone, hidden, or deleted. The vesting feature is permissionless, meaning that you cannot withdraw or cancel vesting until the unlock date. Vesting uses vestingTokens, which are ERC20s that can be traded and used in other DeFi applications. However, they cannot affect the unlocked price or shift the token supply. They function as a meta layer, and have been shown to have a net positive affect on token price. We recommend using the vesting feature on testnet before your launch date to become familiar with the tool and ensure a smooth launch.

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Before you deploy:

  • Make sure you have minted your token and have the entire supply in your wallet or multisig.
  • Know your token supply breakdown, ensure you heave healthy tokenomics.
  • Use the vesting feature on test net to familiarize yourself with the tool before your launch date.
  • Have a plan for TGE (token generation event) day, what time you’ll add DEX liquidity, send tokens to investors, etc.
  • Know how to deploy a seperate vesting schedule for each investor round, team token allocation, other reserves etc.
  • Note that vesting works with any ERC20 on supported networks, but rebase tokens require a workaround and tax tokens require whitelisting the vesting contract.