Presale vesting
Presale vesting is a feature on Kibble that helps projects ensure long-term price stability by locking the tokens of presale investors for some time. It prevents presale investors from selling all their tokens at once at listing time, which causes too much selling pressure and crashes the price.
How to create a presale?
Follow the steps below to use the Vesting feature:
Step 1: Follow all the steps to create a fairlaunch.
Step 2: At “step 3: Launchpad Info”, please check the box “Contributors”.
Here are some important notes:
Cliff Vesting (Minutes): Time in minutes from listing time to the first claiming time (TGE)
Lock After Cliff Vesting (Minutes): Time in minutes from the first claiming time (TGE) to the second claiming time
First release for presale (%): The first batch of the total presale tokens will be released at TGE. Please note that this is expressed in percentage, not in the number of tokens.
The vesting period for each cycle (Minutes): Presale contributors will need to wait for this amount to receive their tokens (starting from the second claiming time).
Presale token releases each cycle (%): How many tokens will be released following the first release batch. Please note that this is expressed in percentage, not in the number of tokens.
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