Vesting
The vesting period is also referred to as the token lock-up period. It means the time frame during which the tokens that were purchased in the initial stage and the private IDO stage, cannot be sold for a certain period. Users who have purchased tokens having a vesting period are supposed not to obtain the entire amount of tokens but partially.
Users are now awaiting the commencement of vesting after the end of IDO. The process of vesting is initiated manually in conjunction with the project. This is done in order to launch the vesting process simultaneously with other platforms. Vesting may be configured in a versatile manner according to the following parameters:
Timeframes of the clip period
A percentage of the coins reserved for the unlock
The total amount of time that the vesting will last
Vesting step (frequency of unlocks)
The type of vesting is linear. At each stage of the vesting process, the total value is split into many equal parts.
You may claim your coins by going to your Wepad profile and selecting the project you worked on. All brandable tokens will be moved to the wallet at this time.
As soon as the vesting period is over and all tokens have been branded, the project is moved to Wepad's archived projects area.
Last updated