Unlock Tokens Using Vesting

How to Unlock Your Token Using Vesting on DefiLaunchApp

Step 1: Connect Your Wallet

• Begin by connecting your digital wallet to the DefiLaunchApp. This is crucial for authenticating your identity and authorizing the unlock action.

Step 2: Navigate to Your Locked Tokens

• From the DefiLaunchApp homepage, select "Token Locker" and then "Token List", or directly access your locked tokens at https://launchpad.defilaunch.app/token-locked.

Step 3: Access Your Token Lock List

• Click on "My Token Lock List" to view a list of your locked tokens. This section will display all the tokens you have locked using the platform.

Step 4: Initiate Unlock Process

• Locate the token you wish to unlock and click on "View" to access the lock details.

• If the locking cycle has ended and the tokens are eligible for unlocking, you will see an “Unlock” button. Click this button to begin the unlock process.

Step 5: Confirm Unlock Transaction

• Upon clicking "Unlock", MetaMask (or your connected wallet) will prompt you to confirm the transaction. It will display the transaction fee required for unlocking the tokens.

• Review the transaction details, and if everything is in order and you agree with the fee, click on the “Confirm” button to finalize the unlocking process.

Additional Information:

• Flexibility in Unlocking: If you miss unlocking tokens at the end of a vesting cycle, don't worry. You can unlock your vested tokens at any time after the cycle ends. If multiple cycles have passed, the total amount available for unlocking will include the tokens from all past cycles that haven't been unlocked yet.

• Understanding Vesting Cycles: Each vesting cycle represents a predetermined period after which a certain percentage of tokens becomes eligible for unlocking. The specifics of these cycles, including their duration and the percentage of tokens released, are defined in the initial vesting agreement.

By following these steps, you can efficiently manage and unlock your vested tokens using DefiLaunchLock, ensuring a smooth and controlled distribution process for your project's tokens. Remember, the unlocking feature is designed to align with the vesting schedule you've set, providing a structured and secure approach to token release.