Token Lock

This page describe about the Token Lock Feature

Token Lock Feature – Building trust and long-term value

When creating or purchasing tokens on Moonbags, both users and creators can utilize the Token Lock feature to maximize long-term value.

By locking tokens through the Token Lock page, the selected amount becomes non-transferable - meaning it cannot be sold or staked during the lock period.

This mechanism not only demonstrates individual commitment but also strengthens the project’s credibility.

When creators and users choose to lock a significant portion of their tokens, it reflects a shared vision for sustainable growth and lasting impact.A higher number of locked tokens indicates greater community trust and long-term life in the project.

How to lock token on Moonbags

Here is 4 steps to lock your token on Moonbags:

Step 1: Choose "Token Lock" in the Top of Navigation

Step 2: Choose "Create New" to create new request

Step 3: Choose Token to lock and customize amount & time to lock then click “Next Step"

Step 4: Double check your request then click “Create Contracts" to confirm your request

How to check locked token on Moonbags

Users can view the lock percentages in the following sections:

• SHR0 Treasury Locked: Displays the amount currently locked in the Treasury.

• Platform Locked: Shows the total percentage locked, including both project-initiated and user-initiated locks.

• Locked: Provides detailed information on locked assets, including lock/unlock schedules and wallet addresses.