Lock & Vesting

Hypad gives creators two contracts for releasing their own tokens over time instead of all at once: a Lock Contract and a Vesting Contract.

Time lock

The Lock Contract holds your tokens until a date and time you choose. When that moment arrives, the tokens become available to release.

Use it when you want to show that a block of tokens can't be sold before a certain date.

Token vesting

The Vesting Contract splits your tokens into a number of separate releases that you choose. Each release unlocks in turn, so the allocation is paid out in instalments.

Use it when you want tokens to reach the market gradually rather than in one go.

Why use them

Both contracts give you more control over how your tokens are distributed and let you set up a structured release.

They also send a clear signal to your community: locked and vesting tokens show that you're committed to distributing tokens responsibly and to the project's long-term future.