What is a timelock and will the tokens be timelocked?

October 2nd, 2020 Posted by 0 thoughts on “What is a timelock and will the tokens be timelocked?”

A timelock is to lock funds, which is also called “vesting.”

Depending on the time of the purchase, tokens required for vesting are as follows:

Pre-Sale – Stage 1 : 24 months
Pre-Sale – Stage 2 : 18 months
Pre-Sale – Stage 3 : 12 months
Public Sale : spendable after the end of final sale

Once the timelock is complete, the designated beneficiary will be able to claim the assets. Withdrawals won’t be possible until expiration of the lock.

 

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