# Token Grants

Token grants let DAOs reward contributors, typically in the DAO native token, for specific and timely contributions to the DAO.

**Pain points we are addressing:**

1. Overhead in managing grant programs by the DAO/foundation.
2. Allowing the DAO to distribute DAOs tokens in a way that is more protective than lump sum payments.

*The Hedgey Grants platform is 100% free to use, 100% onchain, and secured by Hedgey core contracts which are audited by* [*Consensys Diligence and others*](https://hedgey.gitbook.io/hedgey-community-docs/for-developers/audits)*.* 

**Three main benefits of using Hedgey grants**

1. Hedgey is a token streaming solution that allows grant issuers to set up one or multiple grants in a single transaction and reduce the management overhead by the foundation while streamlining grant issuance and management for recipients. Both issuers and recipients have feature-complete platforms to track and manage grants.
2. Hedgey also allows for the ability to distribute grants via stream. These grants can be both revocable or non-revocable, pay out in continuous streams (every second) or periodically (weekly, monthly) and include hyper-customized features in grant creation. New grants cost pennies to create and can be created individually or up to 40 in a single transaction.
3. Hedgey allows grant issuers to optionally create and share public dashboards where an entire grant program can be shared with the broader DAO. [Here](https://app.hedgey.finance/treasury-lockups/public/arbitrum/0x8ea7275c4fe3ccbe9cab50352b915144d860a947394a6005dc7a2fc76a1522ee) is a demo of a public dashboard featuring Arbitrum.

**Security**\
Hedgey is [audited by Consensys Diligence](https://github.com/hedgey-finance/Locked_VestingTokenPlans/blob/master/audit/hedgey-token-plans-audit-2023-06.pdf)[ and others](https://hedgey.gitbook.io/hedgey-community-docs/for-developers/audits). We are trusted by incredible orgs like Gitcoin, Celo, IndexCoop, Shapeshift and 50+ other DAOs with over 6000 streams/lockups.

**Key Features of hedgey grants**

* Grants can be linear (streaming every second) or periodic (weekly, Monthly)
* Grants can be revocable (cancel grants) or non-revocable.
* Grants can be set to transferable, non-transferable, or transferable by admin
* Grants can include either onchain or snapshot voting rights.
* Grants can include customizable cliff dates, vesting schedules and start dates, including backdating
* Beneficiaries are able to claim at their discretion (either in full or partial amounts)
* Contracts are fully onchain. Even without Hedgey UIs all parties can fully interact with their vesting plans. 
* Safe optimized. 

**Notes:**

* **Supported networks:** Ethereum, Polygon, Avalanche, Base, Mantle, Harmony, Fantom, Gnosis Chain, Celo, Boba, Arbitrum One, Optimism, EVMOS, Binance Smart Chain, zkSync and OkEx Chain (OEC)
* **Supported tokens:** Any standard ERC20, that does not include a Burn or Tax per transaction.
* Our list of auditors includes: Consensys Diligence, Resonance, AuditOne, Salus Audit, Hacken, and can be found [here](https://hedgey.gitbook.io/hedgey-community-docs/for-developers/audits). 
* **GitHub code, audit, and technical documentation found** [**here**](https://github.com/hedgey-finance/Locked_VestingTokenPlans)