Create Lock Without Vesting

How to Lock Your Token or Liquidity Pool on DefiLaunchApp

Step 1: Connect Your Wallet

• Ensure your digital wallet is connected to the DefiLaunchApp. This step is essential for validating your identity and securing the lock process.

Step 2: Navigate to Token Locker

• From the homepage, find and click on "Token Locker" and then select "Create Lock". Alternatively, you can directly access the lock feature by visiting https://launchpad.defilaunch.app/lock.

Step 3: Enter Token Address

• Input the address of the token or liquidity pool (LP) token you wish to lock. Ensure this information is accurate to prevent any issues.

Step 4: Ownership Transfer

• If you wish the unlocked tokens to be sent to a different address upon unlocking, utilize the "use another owner" function. This step is optional and based on your preference.

Step 5: Provide Lock Details

• Name your lock with a clear and distinguishable title, such as "LOCK DEFILAUNCHTOKEN", to easily identify the purpose and subject of the lock.

Step 6: Specify Lock Amount

• Enter the exact amount of tokens you intend to lock. Remember, this field only accepts numerical values, not percentages.

Step 7: Set Lock Duration

• Define the lock duration by specifying the unlock date and time in UTC. Your tokens will remain locked until this specified moment.

Step 8: Approve the Transaction

• Click on "Approve" to initiate the transaction. Your connected wallet (e.g., MetaMask) will prompt you to confirm the transaction and display the associated fee. If you agree with the terms and the fee, click on “Confirm” to proceed with the approval process.

Step 9: Finalize the Lock

• After approving, click on "Lock" to secure your tokens. Again, MetaMask (or your respective wallet) will request transaction confirmation and show the transaction fee. Confirm the transaction if everything looks correct to complete the lock process.

Important Note:

• When locking tokens, ensure to exclude the DefiLaunchApp contract address (0xe2a923c6f4e10bcfd72873a80ea4baa13c95b18b) from any fees, rewards, and maximum transaction limits. This is crucial for the smooth execution of the lock. Additionally, it's important to note that rebase tokens are not supported by this lock feature.

By following these steps, you can successfully lock your tokens or liquidity pool, adding an extra layer of security and credibility to your DeFi project.