Price-based token locks allow users to configure token unlock conditions based on market price movements. When the specified price condition is met, the locked tokens will automatically unlock and transfer to the designated wallet.
How It Works
Price-based locks restrict token access until certain market conditions are met. The unlocking process is tied to the token’s price performance, ensuring a gradual and sustainable release schedule. The Target Price defines the conditions for unlocking, while a Maximum Lock Duration ensures that tokens become available eventually, even if price conditions are not met.
Unlock Settings
When setting up a price-based token lock, users can configure unlock conditions based on the following market variables:
Token Price: The primary condition determining when tokens unlock.
Fully Diluted Value (FDV): Displayed at the time of token lock creation, based on total token supply at that moment.
Key Considerations
A token lock is set for the maximum lock duration but will unlock as soon as the specified FDV or token price condition is met.
For meme coins, MCAP and FDV are generally equivalent.
Important Disclaimer
FDV is determined at the time of lock creation and does not account for future burns or new token mints.
Token price is the only real-time variable used for unlocking. All calculations are based on the price at the time of evaluation.
This feature provides flexibility for investors and project teams to manage token releases in response to market dynamics, ensuring a transparent and automated unlocking process.
Guide to Price-Based Locks
Step 1: Choose Lock Type
Select Price-Based Lock as your locking method.
Step 2: Configure Unlock Conditions
Choose Token – Select the token you wish to lock from your wallet.
Set Unlock Conditions:
Unlock at Price – Define a specific price at which the tokens will be released.
Unlock at FDV – Set a fully diluted valuation threshold for unlocking.
Once configured, the system monitors the market and releases tokens only when the condition is met.
Step 3: Set Unlock Amount & Recipients
Specify Amount – Enter the number of tokens to be locked and later released.
Recipient Wallet Address – Define the address where tokens will be sent upon unlock.
Use Connected Wallet (Optional) – Toggle this option if you want the tokens to unlock back to your own wallet.
Step 4: Review the Lock Contract
Check all details on the review page before proceeding.
Ensure that the price or FDV conditions match your expectations.
Final Step: Create the Contract
Click Create Contract to finalize the process.
Confirm the transaction in your wallet.
Your price-based lock is now active!
⚠️ Important Warning: Locking Tokens Is Irreversible ⚠️
Once tokens are locked, they cannot be accessed, moved, or unlocked under any circumstances until the specified condition is met.