What is a token LOCK?
A token LOCK refers to a specific period of time in which cryptocurrency tokens cannot be reached. Typically, these are used as a preventive strategy to maintain a stable long-term value of a particular asset, and to secure crypto-projects investors.
The LOCKS in the Social Rocket ecosystem
At Social Rocket, we take into account the expectations of our investors and we know that tokens lock-up it is essential to offer the most reassuring and secure environment possible around the project. To do this, we have set up a tokens LOCK strategy that covers all the main wallets of the project, let’s get into the details.
🎟️ Team Tokens
The tokens held by the project team are fully locked via time contract for an initial period of 6 months concerning 100% of the total amount, then 50% will be released every month after the initial period of 6 months at 5.5% per month. Here is the LOCK PROOF.
🎟️ Marketing Tokens
The tokens allocated to marketing are locked in a two-year linear release vesting contract. Here is the LOCK PROOF.
🎟️ Project Vault
The project Vault is fully locked in a time contract and this for all the project development period. Thereafter, only the project algorithm will be allowed to access the Vault. Here is the LOCK PROOF.
🦄 Uniswap Liquidity
The Uniswap liquidity is fully locked for a minimum period of one year. Here is the LOCK PROOF.