Token Locking Overview

Token locking temporarily restricts the transfer of tokens for a specified period. LockFi provides a secure platform for locking tokens with flexible vesting options.

Why Lock Tokens?

• Build Trust: Demonstrate long-term commitment

• Prevent Dumps: Reduce market volatility

• Team Vesting: Implement vesting schedules

• Liquidity Management: Lock LP tokens

Locking Options

1. Cliff Vesting

All tokens remain locked until a specific date, then 100% become available.

Example: Lock 10,000 tokens until January 1, 2025. On that date, all tokens become available at once.

2. Linear Vesting

Tokens release gradually over time, often after an initial cliff period.

Example: Lock 10,000 tokens with a 3-month cliff and 12-month linear vesting. After 3 months, tokens begin to unlock gradually.

Fees

LockFi charges a one-time fee of 0.05 SOL per lock creation. No token fees are taken.

Security

All locked tokens are held in secure smart contracts on Solana. The locking mechanism is immutable once created.