Step 5 of 7 – Vesting & Lockups

One of MemePad's unique functionalities as an automated launchpad service is that it allows the developers to lock & vest their team tokens without resorting to a third-party locking service.

The fifth step of launching your token requires the developer to decide how they want the lockup and vesting schedule to work.

The developers can decide whether they want to:

  • Vest Liquidity Tokens - CAKE-LP tokens can be vested by the developers, who can set a date to have them unlocked.
  • Vest Marketing Tokens - All or a part of the tokens that have been allocated to the marketing can be vested and unlocked on a weekly or a monthly basis, and for a set amount of time, such as 6 weeks or 6 months.
  • Vest Dev Team Tokens - All or a part of the tokens that have been allocated to the development team can be vested and unlocked on a weekly or a monthly basis, and for a set amount of time, such as 6 weeks or 6 months.
  • Vest Staking Tokens - All or a part of the tokens that have been allocated to staking can be vested and unlocked on a weekly or a monthly basis, and for a set amount of time, such as 6 weeks or 6 months.

Please remember that all of the locking and vesting information will be shared on the launchpad page for the community to see, so make sure this is an attractive proposition to avoid the suspicions of a rug-pull, etc.