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GoPlus SafeToken Locker introduces the first innovative lock-up position mechanism based on price release.
BlockBeats news, on October 18, Web3 security infrastructure provider GoPlus announced the official launch of its SafeToken Locker protocol, featuring an innovative Lock-up Position mechanism based on Price-Based Vesting, which is currently in Beta and undergoing third-party security audits. This feature breaks through the limitations of traditional time-based Lock-up Positions, allowing individuals or project parties to create Lock-up Positions for any Token, with flexible release conditions based on both time and price. By linking Token unlocking to market performance, Price-Based Vesting effectively ends the era of 'verbal commitments', providing Web3 projects with smarter and more reliable Token management and investor protection solutions. The launch of this feature is seen as a groundbreaking evolution of the Locker product. GoPlus SafeToken Locker is a decentralized Token locking infrastructure that provides secure and trustless Lock-up Position services for Web3 projects and individual users. As of now, the protocol has been operating on multiple mainstream EVM chains, with 7,364 active Lock-up Position records, protecting over 6,904 types of Tokens, with a total Lock-up Position value exceeding $65 million.