Vesting
Last updated
Last updated
During the order creation process, you can enable Vesting. Vesting means that the executor of the order (Taker) will receive the tokens from the order only after a predefined period of time has elapsed. This time frame can be set at the time of order creation.
Such orders are particularly beneficial for token creators. They allow you to sell large volumes of tokens at a discount without destabilizing the market. This approach is far more sustainable and community-friendly than abrupt sell-offs.
It’s important to note that Vesting Orders can only have a single Taker, who must fill the entire order volume. If the Taker sends an amount smaller than the order volume, the funds will be automatically returned.
Once the Taker fills the order, the countdown to token release (vesting time) begins. After the vesting period expires, the Taker receives the tokens along with a small residual balance of TON from the order address. The order creator (Maker) receives their tokens immediately upon order execution, without waiting for the vesting period to conclude.
This mechanism ensures a balanced and secure approach to token distribution, fostering trust and stability within the ecosystem.