> For the complete documentation index, see [llms.txt](https://nailong-docs.gitbook.io/nailongdocs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://nailong-docs.gitbook.io/nailongdocs/tokenomics/about-vesting-lock.md).

# About Vesting Lock

**Vesting locks play an important role in ensuring a controlled release of tokens over a specified period. Let's explain the vesting lock concept using the following parameters for NAILONG:**

**TGE Percent: 25% Cycle: 5 days Cycle Release Percent: 25%**

**Token Generation Event (TGE) Percent:**

* The TGE Percent refers to the percentage of tokens that will be unlocked and made available at the Token Generation Event or the project's launch.
* In this case, 25% of the total allocated tokens will be unlocked and available for use at the TGE.

**Cycle**:

* The cycle refers to the duration of each vesting period. It represents the timeframe between releases of tokens during the vesting period.
* In this example, the cycle is set to 5 days, meaning that every 5 days, a portion of the locked tokens will be released.

**Cycle Release Percent**:

* The Cycle Release Percent signifies the percentage of tokens that will be released at the end of each cycle.
* In this scenario, 25% of the locked tokens will be released at the end of each 5-day cycle.

**Vesting Process:**

* At the TGE, 25% of the allocated tokens will be unlocked and made available for immediate use by the project or token holders.
* After the TGE, the remaining 75% of the allocated tokens will be subject to the vesting lock.
* Every 5 days, a new cycle will start, and 25% of the locked tokens will be released and made available for use.
* This process will continue until the full vesting period is completed, ensuring a controlled and gradual release of tokens.

**Transparency and Communication:**

* Transparency is crucial in vesting locks. The project should provide clear information about the vesting schedule, including the TGE Percent, cycle duration, and Cycle Release Percent.
* Regular updates and communication with the community about the progress of the vesting lock will foster trust and confidence in the project.

**Smart Contract Implementation:**

* Vesting locks can be implemented using a smart contract that governs the release of tokens according to the defined schedule.
* The smart contract should be audited, verified, and deployed securely to ensure the integrity of the vesting process.

*By implementing a vesting lock with a TGE Percent, cycle duration, and Cycle Release Percent, NAILONG ensures a controlled release of tokens, preventing any sudden influx of tokens into the market and promoting long-term stability for the project.*