Safeguarding your locked token NFT
Your tokens are locked in the Hedgey escrow contracts and allocated to your wallet using an ERC721 NFT (Hedgey Lockup Plan.) This NFT acts as your "access key" to claim tokens as they unlock. It is important to safeguard this NFT in your wallet. If you transfer this NFT from your wallet, you will lose the ability to claim tokens as they unlock from your wallet.
Your Wormhole token allocation details
Your locked token allocation has the ability to participate in onchain governance. In the guide below, you will see a step-by-step walkthrough of how to delegate, claim, and manage your token allocation. Your lockup has four yearly unlock dates. You will see the first three years in row 1 of your active lockups and a separate lockup for the fourth year in row 2. The lockup was structured this way to account for the 2028 leap year and ensure that all tokens unlock on the correct day and time.
Support
If you need support or have questions, feel free to reach out directly on our Support channel, or book a quick 15 minute call with our team. We're always here to help.
Interacting with your Wormhole token lockup
Step 1: Connecting
Go to Investor Lockups on the Hedgey App.
Connect your wallet to view your locked token allocation.
If you are using a Safe, click the green View on Safe button to open our dedicated Safe App experience.
For Metamask, Wallet Connect, or other EOA solutions, click the connect wallet button.
Step 2: Delegating
On your lockups you will be able to delegate your voting power to whomever you choose. You can do this by either clicking the Delegate All button (delegate the voting power of both lockups to a single addres) or clicking the More button and then the Delegate button within the specific row to delegate each lockup separately.
Once you click either button, a screen will appear that allows you to add the address you would like to delegate voting rights to. Enter the address of your delegate and confirm.
Once you have delegated your Delegate will appear in column 5. You can update this Delegate as frequently as you like.
Step 3: Claiming
When your first unlock cliff occurs and you are ready to claim, the grayed out claim button will become active. Clicking this button will initiate your first token claim.
Other Features
If you click "More" you will see other features for your lockup. You will be able to segment a lockup into multiple lockups and transfer your lockup. Both of these should be done with caution.
Transferring a lockup can be useful if you are rotating wallets (say from a Safe to Fireblocks) and want to move your lockup. Transferring a lockup involves transferring the ERC721 NFT to the new wallet. It will transfer your "access key" to the new wallet. Once transferred, your sending wallet will not be able to claim tokens as it no longer holds the access key.
Segmenting a lockup is useful for delegating smaller amounts of tokens from a single lockup plan while keeping the lockup in a single wallet. This feature allows you to separate one NFT into two NFTs, with each NFT retaining the same lockup schedule but with separated values of tokens.
You are all set! ๐ Watch the video below and feel free to reach out or book a call with any additional questions.
Audits by Consensys Diligence, Resonance, Audit One, and Salus can be found here.