Vesting Tutorials
Add more investors to an existing vesting round, after it has already started
The “Create More Vesting Tokens” feature allows you to distribute additional vesting tokens to new recipients after the initial vesting round has been created.
This can be useful if you need to add new team members or investors to the vesting schedule, or if you want to distribute tokens to a new group of users as a reward or incentive.
In this tutorial, we will walk you through the steps of using the “Create More Vesting Tokens” feature in the Unvest app.
- Navigate to the “Create More Vesting Tokens” page in the Unvest app. You can access this page from the Project Dashboard under Manage vesting rounds.
- In the “Recipients” field, enter the wallet addresses of the new recipients in the same CSV format as before. Each row should contain a single address, followed by the number of tokens to be distributed to that address. You can also include a nickname for each recipient in this field (optional).
- Once you have entered all of the addresses and balances, click the “Submit Transactions” button.
- You will be prompted to submit transactions to the blockchain to create the additional tokens. Make sure you have sufficient balance in your wallet to cover the gas fees for this transaction.
- Once the transaction has been successfully mined, the new recipients will appear in the vesting round’s distribution list, and they will be able to claim their tokens according to the vesting schedule.
Note:
- The “Create More Vesting Tokens” feature can only be used to add new recipients to a round, it cannot be used to make changes to the vesting schedule or the distribution list of an existing round. If you need to make changes to an existing round, you will need to create a new round with the revised settings.
- Be careful when entering the recipient addresses and balances, as mistakes cannot be undone after transactions are submitted. Double-check your entries before submitting the transaction.