lordof 🔥🦅 ❤️ Memecoin retweetledi
Diving Deep into Jupiter Lock 🪐🔐
Jupiter Lock is one of the emerging products from @JupiterExchange, designed to enhance token locking and vesting for projects and individuals.
It’s a smart, streamlined approach to token management, as it's open-sourced, allowing other projects to implement token vesting schedules mechanism without needing to build a vesting contract from scratch. Additionally, it provides a simple way for non-technical users to leverage this functionality.
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As a security-driven company, Jupiter Lock has undergone audits by @osec_io and @sec3dev. Currently, in Beta, it is still a work in progress, with more features and improvements to be added.
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Steps to Implement and Execute Jupiter Lock
🪐🔐 Go to: lock.jup.ag
🪐🔐 Connect the wallet containing the tokens you want to lock.
🪐🔐 Click “+ Create Token Lock.”
🪐🔐 Select the token you wish to lock by pasting the token ticker or the token contract address (recommended for security).
🪐🔐 Fill in the required details:
- Lock Title
- Intended Lock Amount
- Recipient Wallet Address
- Vesting Start Date
- Vesting Duration and Interval
- Optional Cliff
- Unlock Schedule
- Who can cancel the contract
- Who can change the Recipient
🪐🔐 Click “Proceed” to execute the lock contract, then return to the home page to view the lock you initiated.
🪐🔐 You can add additional locks for the same token but with a different vesting schedule by clicking “+ Add another lock.”
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It is important to note that the recipient must manually claim vested tokens when they become available.
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I’ve also added a video tutorial to serve as a guide for those interested in trying it out.
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Jupiter Lock is still evolving, and your feedback is essential. If you have any suggestions or ideas regarding Jupiter Lock, feel free to reach out to @xianxlb
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With Jupiter, the mission remains the same: making DeFi great, accessible and simplified for everyone.
Aremia Vincenz◎ (Ø,G)🐺🎒🔥🦅@Arimiyahu1
JMJM Got to try out Jupiter Lock today!🔐🪐 Unsurprisingly, the experience was awesome despite not having any technical skills the process is used to be known with before you can execute such activity. It works for both project that want to vest their project token or an individual who just want to lock token to enhance long-term hold or to prevent paperhanding tokens. Big ups to @JupiterExchange and @xianxlb A great job is being done.💪🏿 (Putting out a post (soon soon) containing the guide for everyone to also experience it)
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