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To provide transparency and ensure that our investors and potential buyers know that we are committed to the long-term success of the project, we need to add vesting to all of the tokens available for the project.
Vesting refers to the gradual release of tokens over a specified period of time, which ensures that the team or founders cannot dump all of their tokens on the market immediately after launch. This also gives confidence to investors and buyers that the project is not going to do a "rug pull" or suddenly dump all of the tokens and leave the project.
The vesting period should be decided based on the project's roadmap and the team's plans for development. We should consult with legal and financial experts to determine the best approach for implementing the vesting.
Tasks
Consult with legal and financial experts to determine the appropriate vesting period for the tokens.
Create contracts for the vesting mechanism.
Test the vesting mechanism to ensure it is functioning correctly.
Update the project documentation to reflect the addition of the vesting mechanism.
Communicate the vesting period to the community and potential buyers to build trust and confidence in the project.
The text was updated successfully, but these errors were encountered:
Description
To provide transparency and ensure that our investors and potential buyers know that we are committed to the long-term success of the project, we need to add vesting to all of the tokens available for the project.
Vesting refers to the gradual release of tokens over a specified period of time, which ensures that the team or founders cannot dump all of their tokens on the market immediately after launch. This also gives confidence to investors and buyers that the project is not going to do a "rug pull" or suddenly dump all of the tokens and leave the project.
The vesting period should be decided based on the project's roadmap and the team's plans for development. We should consult with legal and financial experts to determine the best approach for implementing the vesting.
Tasks
The text was updated successfully, but these errors were encountered: