Hassan Maishera
On Wednesday, the Sushi team announced via X that it had released Vesting Launch. A vesting launch functions like any other fair launch but slowly releases tokens to buyers who purchase within 24 hours of the token creation.
This feature ensures buyers maintain the same buying experience of getting in early on brand new tokens, but snipers and pump and dumpers can’t ruin a promising token in the first hours of creation. After 24 hours of the token being live, it trades precisely as normal with no restrictions.
When purchasing a token, a user’s balance will reflect the amount they bought linearly released over the first 24 hours of launch. So if they buy 100 tokens 12 hours after launch, their balance will show 50 tokens.
The full balance after vesting will be visible on the dashboard. On the individual token page, users can view how far through the vesting period the token is.
SushiSwap is a Decentralized Finance (DeFi) liquidity provision platform that aims to be an evolution of Uniswap. SUSHI is trading at $0.727, up 4% in the last 24 hours.
