Team Token Locks

What are Team Token Locks?

Locking team tokens allow projects to lock their team-allocated tokens in a time-locked decentralized smart contract vault. The project team or founders allocated to the team tokens cannot withdraw or change these tokens until the end of the locked period(s). This way, the community and investors are at less risk of scams. Using a third-party locking service is a crucial innovation compared to most token offerings, where projects may avoid fulfilling their promises and maliciously sell off all their tokens, leaving holders, stakers and investors with a close to $0 token price.

Crypto projects may use SOL Locker Team Token Locks to show proof of vesting schedule and interest in the project, build credibility and reduce the risk of scams to benefit the community and investors.

How should you allocate your token supply?

When it comes to allocating your token supply, it is important to consider the various stakeholders and how to distribute the tokens among them. One key factor to consider is the circulating supply or the number of tokens that will be actively traded on the market. This can impact the liquidity of your project or the ease with which its tokens can be bought and sold. Make sure to consider the percentage breakdown of your tokens in circulation, like team tokens, lp (liquidity pool) tokens, and more.