> For the complete documentation index, see [llms.txt](https://hedgey.gitbook.io/hedgey-community-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://hedgey.gitbook.io/hedgey-community-docs/hedgey/vesting-plans-legacy-offering.md).

# Vesting Plans (Legacy offering)

(Legacy Smart contract based besting

Token vesting lets onchain teams issue vesting token plans to their team members. These vesting plans mirror traditional vesting in that they may include cliffs, backdated start dates, and flexible vesting schedules. Additionally, they are fully onchain, revocable by the issuer/administrator, and built for the specific needs of onchain teams. 

The Hedgey vesting plans solution is free to create and free to access/manage for both the issuers and recipients via our token vesting [platform](https://hedgey.finance/vesting).