In July 2023, Bankless DAO introduced tlBANK - a locked version of BANK token that would give users access to the Bankless DAO Discord and broader ecosystem. Previously, unlocked bank had been used for this purpose.
Hedgey use Case: Hedgey contracts facilitated the ability for token holders to lock their BANK for a set period of time, and receive an ERC-721 token that represented their unique locked token amount and lockup period.
Custom build by bankless DAO: A UI on the Bankless DAO website where users could interact with Hedgey smart contracts to lock tokens for a set period of time.
CollabLand X Hedgey use case: In collaboration with Collabland, a unique Discord gating mechanic was applied to restrict access to specific rooms for users who had fit certain criteria with the locked ERC-721. Specifically, they had to have an active tlBANK position AND have to be the original user to have locked BANK.
SnapShot X Hedgey use case: To allow tlBANK holders the ability to participate in governance, a unique Snapshot strategy was applied that let holders of tlBANK still participate in voting with a 1-1 voting right.
OpenSea X Hedgey use case: Holders of tlBANK can transfer and sell their ERC-721 freely, allowing participants to interact with locked positions separately than unlocked tokens.
Summary: The use of Hedgey time-lock contracts allowed Bankless to create a commnity time-lock program that was also compatible with token gating, governance, and more.
They interact with our audited smart contracts through the platform UI.
Once they have created a token lockup, they can see it on the Hedgey UI.
If a custodian holds the locked-token position NFT they can track the unlock, transfer the position to another wallet, and claim unlocked tokens.
What our users want from their custodians.
Our users want to send these locked token positions (represented by an NFT) to their custodians to secure the assets and have the custodian claim unlocked tokens on their behalf.
Our token infrastructure is secure, onchain, and 100% free.
We launched Hedgey as a public good to help bring teams onchain with incredible token infrastructure. We are audited, battle-tested, and building tools to help teams meet the demand for transparent onchain token lockups while prioritizing compatibility with their custodians.
Hedgey provides free token infrastructure for onchain teams such as token vesting, investor lockups, and token distributions.
Our mission is to democratize access to these essential tools for companies that want to move onchain, regardless of their size or stage of development.
Do you support custom vesting and unlock schedules?
Hedgey's contracts allow for totally customizable schedules across all products.
Additionally, users can add cliff dates, post vesting lockups, transferability, voting rights, and other core features specific to each product.
What wallets and custodians are compatible with Hedgey?
Hedgey is compatible with standard metamask, wallet connect, and Safe multi sig wallets with additional wallet integrations added as needed.
We are currently working with multiple custodian solutions to streamline interactions with locked tokens on Hedgey. If you use a custodian please reach out directly for more information on specific custodian compatibility.
How much does it cost to use Hedgey?
Our products are 100% free to use.
Are Hedgey contracts audited.
Yes. Our token vesting, Investor Lockups, treasury lockups, token claims product, and grants products are audited by Consensys Diligence. Timelocks are audited by Hacken.
Does Hedgey take custody of tokens?
No. Hedgey does not take custody of your tokens.
Hedgey is a non-custodial solution that does not take custody of your assets. Locked and vesting tokens are held in audited escrow contracts.
What networks do you support?
We support most Ethereum and most EVMs such as Arbitrum, Optimism, Gnosis, Evmos, Polygon, Avalanche, Celo, OKXChain, Boba, Fantom, etc. Reach out to us on twitter if you need support for your network.
How do I speak with someone regarding a question or setting up a demo?
Reach out to us on telegram at @hedgeysupport to speak with someone 24/7
Customizable cliffs, unlock schedules, voting rights, and more.
We've worked with the best teams and venture funds to fit the most complex needs. Whether it's the unlock schedule, voting and delegation, and internal token management structures, we have a solution.
Custom dashboards for you and your investors
Give you and your investors a dashboard everyone will love. Easily view, track, and interact with complete vesting plans in one place.
Create secure, onchain investor lockups in minutes
Whether you want to add one or 50 investors, we make it easy to upload and execute onchain lockups with custom unlock schedules in minutes. No wasting time on siloed contracts for each investor or messy spreadsheet tracking.