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Launch DAppCoinMarketCapSwap $XWAP
  • Introduction
    • ◻️What is Swapx?
    • ✨Get Started
      • Create a Wallet
      • Get Coins and Tokens
      • Using SwapX without Centralized Exchanges
    • 🗺️Roadmap
  • Tokenomics & Fees
    • 🎓Tokenomics
    • 📶How to buy XWAP
    • 📉Platform Service Fees
  • Features
    • 🪙Token Presales
      • How to create a Presale
      • How to participate in a Presale
      • How to withdraw the remaining tokens from your presale?
      • Verified Audit & KYC Badge
      • Presale Warnings
    • 🔄Exchange
      • ⚖️How To Add/Remove Liquidity
    • 📈Accelerator Program
  • Support & Info
    • 🛑Troubleshooting Errors
    • 🎭Branding & Logos
    • 👥FAQ
    • 📣Social Media
    • ☑️Audits
    • 🐛Bug Bounties
  • Features being built
    • 📊Staking
    • 🖼️NFT Minting (Launchpad)
    • 🛍️NFT Marketplace
    • 🍃Minting
      • How to Mint a token
      • How to Mint an NFT
    • 🔐Locking
    • 🏩Voting
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  • Introduction
  • Benefits
  • Features
  • Stay tuned for updates!

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  1. Features being built

Locking

SWAPX's Secure Token Vault technology

Introduction

Every project needs some level of trust, trust in the technology, and trust in the project’s team, but this goes against core concepts of blockchain technology, especially the goal of building a trustless system where everything is clear and open.

One way for projects to avoid an unnecessary burden of trust on the users is to simply lock their own team tokens away in a publicly viewable and timed lock vault. Such a vault would prevent owners from withdrawing their tokens for a predefined period of time.

Benefits

This allows the users to know, rather than trust, that the owner of the tokens can’t access them and do harm, such as

  • Dumping if the tokens are a project token.

  • Rug pulling if the tokens are an exchange’s Liquidity Provider tokens.

Features

A solution for locking and vesting tokens.

  1. Tokens can be locked by users in our secure Lock Vaults for predefined periods of time.

  2. Tokens can be stored in secure Vesting Vaults that allow the user to withdraw predefined amounts of the tokens periodically.

  3. Each Lock Vault and Vesting Vault is a uniquely generated Smart Contract owned by you and only you.

Vesting Vaults Note

Additional uses of vesting vaults include:

  • serving long-term investors who need help HODLing their tokens.

  • Can be used to control the release of a team's budget at a fixed pace.

Vaults are currently in development.

Stay tuned for updates!

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Last updated 3 years ago

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