Deployer Locked Tokens
Last updated
Last updated
This is the amount of minutes for which the deployer tokens are locked and cannot be accessed or transferred.
Deployer's tokens are safu locked in a verified third-party locker upon launch to ensure transparency and trust.
When you launch a new token, it’s important to instill confidence in your community and potential investors. One way to do this is by locking the tokens that you, as the developer, hold. By setting a lock period, you demonstrate that you won’t be able to sell or move your tokens for a certain amount of time, reducing fears of a sudden sell-off that could damage the token’s price.
For example:
Developer Locked Tokens (mins): 10080 minutes (which is 7 days)
This means that after the token is launched, the developer's tokens will be locked for 7 days. During this period, these tokens cannot be moved, sold, or transferred, providing assurance to the community that the developers are in it for the long haul.
This feature is used to lock the tokens held by the developer or deployer of the smart contract for a specified period. During this lock period, the tokens cannot be accessed, transferred, or sold. This is a common practice to build trust within the community and to demonstrate that the developers are committed to the project for the long term, rather than dumping their tokens shortly after launch (a practice often referred to as a "rug pull").
