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- Streamflow has partnered with Hadeswap, an NFT automated market maker on Solana, to create a non-linear token vesting tool.
- The tool incentivizes users that do not withdraw their tokens with a multiplier – thus shortening the vesting period, while withdrawing tokens extends the vesting period by design.
Incentivizing the stakeholders to retain their token holdings is an ongoing challenge. However, Hades presented a unique solution that we had not previously offered: Non-linear vesting contracts. The underlying concept is to promote long-term holding and, depending on the user’s decision to hold or withdraw, the vesting period could be shortened or extended. This vesting type aims to incentivize recipients to retain their tokens within our platform with the use of a token multiplier.
How does it work?
We provide an easy-to-use script for creating Non-linear vesting contracts. The sender initiates a contract with an initial release rate, for example, 100 tokens per month, and a step-up or multiplier rate. The multiplier is percentage-based, for instance, if the release rate is 100 tokens per month, and the multiplier is 10%, the recipient will receive 110 tokens in the second month, and so on. However, if the recipient withdraws some tokens, our system will step down the release rate, without applying any multiplier.
In other words, holding tokens will increase the unlock rate every period, while withdrawing tokens will reduce the release rate proportional to the amount withdrawn.
We are still gathering feedback from other teams. For the moment any team can request to use this feature with Streamflow and we will gladly onboard them.
Streamflow is a token distribution platform that enables organizations (and individuals) to distribute funds safely and securely. With Streamflow, teams can set up token vesting, crypto payroll, and multi-signature treasury wallets. Streamflow is also the market leader on Solana for token vesting services.
To learn more, visit Streamflow.finance/vesting
Hadeswap is an Automated Market Maker (AMM) NFT marketplace designed to improve NFT liquidity and the trading experience. With Hadeswap, users can trade and swap NFTs using liquidity pools, just like trading and swapping cryptocurrencies on Uniswap. One of the standout features of Hadeswap is the 0% platform fees from the start.