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  2. Token Locks

How to unlock

PreviousCreate Liquidity Token LockNextMulti-Sender

Last updated 2 years ago

Tutorial on Youtube: HERE

When the locking cycle ends, project owners can go to the Liquidity page and unlock the locked tokens by following the instruction below:

Step 1: Go to BlueSale page and click on the β€œMy Liquidity Lock" section.

Step 2: Click on your LP token lock.

Step 3: Click on the β€œClaim LP token lock" button. Your wallet will now ask you to confirm the transaction. It will also show you the fee you must pay for that transaction. If you agree, click the β€œConfirm” button to finish the "Unlock" process.

If, for any reason, project owners are not able to withdraw their vested LP when a cycle expires, they can do this at any given time afterward. If they were to wait till the next cycle expires, the total amount that can be withdrawn at that time would be the balance of the previous cycle amount plus the number of tokens of the recently expired cycle.

Renounce Lock Ownership

To renounce ownership, click on "Renounce Lock Ownership". Remember, only do this action when you fully understand how it works. We accept no responsibility for any damages incurred due to anyone taking or refraining from taking this action.

=> Renouncing ownership will transfer ownership to a dead wallet preventing you from interacting, unlocking, or removing the liquidity at the end of the lock. This action will gain more trust from users since the project owners can not withdraw the LP, which causes a dramatic down in the token price.

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