How To: Create A Vesting Lock
This tutorial will guide you through the process of vesting your tokens using Seile. Follow the steps below, accompanied by screenshots, to successfully lock and vest your tokens.
Last updated
This tutorial will guide you through the process of vesting your tokens using Seile. Follow the steps below, accompanied by screenshots, to successfully lock and vest your tokens.
Last updated
Open your web browser and navigate to Seile's homepage.
On the homepage, locate the Dashboard button in the header.
Once on the Dashboard, you will see a suite of tools available.
Click on the Lock & Burn button to proceed to the lock, burn & Vesting options.
You will now be on the Lock/Burn page.
The Vesting option isn't selected by default under the Type section. Ensure it is selected.
Select Token: Use the dropdown menu to select the LP or ERC-20 token you wish to vest.
Enter Amount: Specify the amount of tokens you want to vest.
Set Release Percentage: The release percentage is the percentage of tokens that will be released at each slice interval. Set this to your desired percentage.
Set Slice Period: The slice period determines the interval at which tokens are released.
For example, if the slice period is set to 10 days, tokens will be released at the set percentage every 10 days.
Set Recipient Address: This is the address that can release and withdraw the vested tokens.
If you set this to someone else's address, they will be able to view and release the tokens instead of you.
After entering all the necessary details, click the Lock & Vest Tokens button at the bottom.
MetaMask will now ask you to confirm the transaction. It will also show you the fee that you are required to pay for that transaction. If you agree, then click on the “Confirm” button to finish the process.
By following these steps, you will be able to lock your tokens securely using Seile. If you encounter any issues or need further assistance, refer to Seile's support documentation or contact their support team for help.
