👩💼For Issuers
In this guide, we will show you how to create and issue new vesting plans. For your recipients' view, feel free to read through the For Recipients section.
Last updated
In this guide, we will show you how to create and issue new vesting plans. For your recipients' view, feel free to read through the For Recipients section.
Last updated
Ensure Wallet Address Accuracy
Before creating vesting lockup transactions, it's important to verify the accuracy of recipient wallet addresses. As the issuer you want to make sure that the recipients have access and control of the receiving wallets.
You can use the Hedgey token claim product for a quick wallet addresses verification.
For real-time support, please feel free to reach out on our dedicated Telegram support channel.
For an overview video click here.
Use the Hedgey token claim product for a quick wallet addresses verification.
Step 1: Visit Hedgey's App, connect your wallet and select the network you will be using.
NOTE: For Safe App users click "View on Safe" on the app to use Hedgey through your Safe App.
Step 2: Now that you are connected, click the "Create a Vesting Plan" button.
Step 3: Create your vesting plan
Select your token from the dropdown or add the contract address
Select your Unlock frequency: linear, periodic or single
Select your unlock strategy: linear or periodic (monthly, yearly or custom)
For linear unlock frequency choose a lockup period (years/months). Add a cliff duration or add "0" for no cliff.
You can add additional scheduling by enabling the post-vesting lockup button.
For periodic unlock frequency choose an unlock period schedule and a lockup period. Add a cliff duration or add "0" for no cliff.
Step 4: Select optional add-on admin features
Decide if you want to enable admin transfer rights to the plan. This will allow you to transfer the lockup from one wallet to another, unclaimed funds being distributed. (A use case for this would be when issuing lockups to crypto-new recipients that may lose access to their wallet.) This feature can always be turned off by the recipient of a lockup should they choose.
Step 5: Add recipient(s) and details
For an individual vesting plan: Add the recipient address, amount of tokens they are receiving in the grant, and select a start date. The start date can be backdated or future dated.
If you are issuing multiple plans: Add each recipient individually or by clicking the "Import from CSV" copy and bulk uploading recipients. Please follow instructions on the CSV upload module for more info.
Step 6: Review your plan and create!
Review the details of your lockup and confirm they are correct
If you have not used Hedgey before, you will have to approve Hedgey to use the token you are distributing. Click the "Approve" button and complete in your Metamask/Gnosis Safe
NOTE: If you are using the Grants Safe App then the approve and distribute procerss will be combined into a single transaction. You can use Hedgey Investor Lockups on Safe by clicking the "View on Safe" link on the lockups page.
Once you completed the approval, click the "Distribute" button and complete in your Metamask/Gnosis Safe.
Once your vesting plan/s completed you can view it in the Issuer Portfolio. You can share the Recipient Portfolio link with your community members receiving the vesting plan.
