Token Vesting & Timelock

Smart Contracts
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Hi everyone,

I have read a lot about Openzeppelin smart contract but it seems I have to deploy it everytime I want to transfer vested token to any account. For example, let say I have 100 users I would like to transfer vested/locked token to, it seems I have to deploy the vesting smart contract codes for each user because of the constructor. Or am I missing something.

I have tried to write my own custom vesting smart contract codes but it is too expensive in term of transaction fees. That is why I am back again to the openzeppelin vesting/timelock sample smart contracts.

I will appreciate any suggestion as this is very important and I am at a critical point. Thank you

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Please your assistance is highly appreciated @abcoathup @frangio

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Hi, welcome! :wave:

Please do not try to ping, thanks!

Sorry, I am not sure what do mean exactly? Do you mean you have 100 tokenA, and then want to distribute to 100 users?

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You are understanding it correctly. The vesting contract is deployed once for each receiver of vested tokens. They are like a wallet for each user.

You can look into using Clones / Minimal Proxies. We have ran a workshop about this here:

1 Like
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Hi everyone,

I am new here and solidity. @futbol stated that "I have to deploy it everytime I want to transfer vested token to any account.". Can you tell me how to do it? I have some tokens on Avalanche network, and I want to send them some buyers with a time lock. Can you share your code?

Thx a lot

It is very good being here :slight_smile:

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You need to know how to deploy a contract, and ideally how to test it as well so you try it before sending the tokens. Look at the documentation for TokenTimelock: