START Vesting: The New Way to Lock Tokens + Liquidity

The first cross-chain unlimited use token and liquidity locking service and our 2nd Certified $START IDO

5 min readMar 31, 2021

As the first cross-chain unlimited use token and liquidity locking service, it is practically guaranteed to make unstoppable waves!

We all come from the humble beginnings of BTC, ERC20 tokens and high ETH gas fees. So we partnered with some major players and brought our strengths over to BSC to deliver products that we can be proud of. Like everything we’ve released thus far, we took our time, researched, tested and retested to make sure that we are continuing to bring something new & innovative to this wonderful space.

$START $VESTing!

One of the key concerns of many who want to buy into IDOs is trust. This exciting and innovative world is still relatively young, and, as a result, there is little protection for investors exploring this new frontier.

There is a risk that the team behind a new coin IDO may take advantage of the opportunity presented by money pouring in from new token buyers to dump team owned tokens or remove liquidity, causing a crash in the token price.

With START Vesting, intrepid crypto pioneers finally have a solid tool to tell the promising projects from the putrid; the creators from the criminals.

Using the Starter platform, any project on any of our 7 supported blockchains can use our Vesting protocol to securely lock their tokens in one of our audited smart-contract vaults for a set period of time.

Investors, developers, IDO’s all have the option to START Vesting and build community trust with their platform. This information will be freely available to anyone who seeks it, so step one of DYOR will be to look for that lockup on Vesting!

$VEST $START-ing

Underpinning the START Vesting protocol will be the new $VEST token, which will be initially offered in an IDO on the Starter platform.

A Binance Smart Chain token, the total $VEST supply will be 10,000,000.
If you staked 100 VEST tokens, there will be a 0.5% deposit fee for any token using VEST for vesting. There is a 1% deposit fee if you do not have any VEST staked. The proceeds raised from fees will be used as rewards for VEST stakers.
1% of the liquidity pool from every V3 IDO will be reserved as staking rewards exclusively for $VEST stakers.
When $VEST is unstaked, a percentage of the unstaked amount will be burned according to the following burn schedule: 50% < 3 days; 7% < 7 days; 5% < 14 days; 2% < 30 days; 0.50% > 30 days
You can only claim rewards on tokens or liquidity pairs once, and rewards are based on your VEST staked relative to total VEST staked
IDOs launched via BSCstarter will automatically use $VEST as their token and liquidity locking service.
VEST has over $2M in total value locked (TVL) and is already used by Starter, Verum Protocol, Jumble Cash, Mercor and BSCCROP for liquidity locking and team vesting.

How it Works

$START by locking tokens. Choose the number of tokens to lock, and the unlock date.

Next, click Lock to set up your $VESTing schedule. You must repeat this process for each vesting period you would like to lock.

Finally, view the ‘My Locks’ screen to see all of your different token locks, including the number of tokens locked, value, and the date of the next unlock.

More than just a new feature

With $START Vesting and the launch of the new $VEST token, we aim to build in more value and utility to BSCstarter and Binance Smart Chain as a whole.

Binance Smart Chain although ramping up in popularity, is still relatively young. BSCstarter aims to be one of the first-movers and value-adders, solidifying a niche in the launchpad space.

$START $VESTing will be the first cross-chain unlimited use token and liquidity locking service and the most feature-packed and useful vesting protocol available on BSC to date.

It is our mission to empower our community with the platform and tools to fight against dastardly rug-pulls and malicious developers. With BSCstarter V2.0 and START Vesting we are giving you some big guns to take to the fight.

So get STARTed, get inVESTed and:

Audit report

The first iteration of $START Vesting has been audited. Access the report here: https://bscstarter.finance/STARTVestingv1Audit.pdf

Tokenomics

Token Distribution

The distribution of VEST tokens is as follows, with over 80% of VEST tokens assigned to presale and liquidity listing allocations.

Max Supply: 10,000,000
Presale Supply: 550,000
Development: 200,000 (10% @ TGE, 10% monthly)
Team: 100,000 (10% @ TGE, 10% monthly)
Marketing: 25,000
Liquidity Rewards: 25,000
TGE: 100,000
Burn 🔥: 9,000,000

Presale Offering

We will hold presale token offerings to help strengthen the financial position for VEST.

Purchase Option: BNB
Seed Sale: 162,900 @ 0.004 BNB (15% @ TGE, 10% monthly)
Private Sale: 216,735 @ 0.0049 BNB (20% @ TGE, 10% monthly)
Public Sale: 133,333 @ 0.006 BNB (25% @ TGE, 25% monthly)
Listing Price: 0.0065 BNB
Unsold tokens: Burned 🔥🔥🔥

Public sale will take place on 1st June, 2021 at 18:00 UTC.

Whitelist Requirements

In order to participate, applicants must follow the golden rule below, these other actions are optional — but will help get $VEST out to the masses:

Join BSCstarter telegram: https://t.me/BSCstarter
+ Follow BSCstarter on Twitter: https://twitter.com/BSCstarter
+ Join BSCstarter Announcements telegram: https://t.me/BSCstarter_announcements
And don’t forget the golden rule: