Vesting FAQ

What is the Vestin concept?

The Vesting Module in Pulsar Money allows projects to distribute tokens to investors, team members, or community members in a transparent and automated manner. It ensures tokens are released according to predefined schedules, reducing the need for manual intervention and increasing trust.

How do I set up a Vesting?

To set up a Smart Transfer, follow these steps:

1. Navigate to the Smart Transfers page and click on “Create.”

2. Configure your Vesting by setting the cliff release amount, vesting transfer release frequency, and stream options.

3. Select recipients manually or by importing a .csv file.

4. Confirm and send your smart transfer.

What is a Cliff Release Amount?

The Cliff Release Amount is a specified percentage of the total amount to be released upon the first payment. It allows for an initial lump sum to be distributed at the beginning of the transfer schedule. The Cliff is released at Start Date.

What does Frequency mean?

The Vesting Transfer Release Frequency determines how often the amounts are released. You can set this to various intervals, such as every second, minute, day, week, month, bi-monthly, quarterly, or yearly.

Can I cancel a Vesting once it has started?

Yes, you can choose to create a Vesting stream that is either cancellable or immutable. If a stream is cancelled:

• Before the start time: The entire deposit amount is returned in full.

• During the streaming process: The Smart Contract calculates the amount that has been streamed and returns the unstreamed amount.

How do I add recipients to a Vesting?

You can add recipients by manually selecting them or by importing a .csv file containing the recipient details.

Are there any fees associated with Vesting?

Yes. Currently there is a fee of 0.2%. Please check the the interface as well for the fee when you are performing the smart transfer.