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## How to vest ThreeFold Tokens
!!!wiki.include:how_to_vest_tf_connect
### Option 2: The Vesting Dashboard
#### Coming soon
<!--- #### Step 1: Visit the [Vesting Dashboard](https://vesting.threefold.io/vesting_dashboard/)
Enter the address of your Stellar account that holds the TFTs that you want to vest.
(If you don't know your wallet address or how to get it. Please check the "How To Get Your Wallet Address" Section of the [TF Connect Manual](threefold_connect))
![](img/vesting_portal.jpg ':size=600')
#### Step 2: Click on `CREATE VESTING ACCOUNT` button to create the account that will be used for vesting purposes.
Once this is done, a new info block will be created, and you can start vesting TFTs !
![](img/vesting_account_info.jpg ':size=600')
The info block contains following info :
`TFT Wallet Address` is the public address of your wallet holding TFTs before vesting.
`Vesting Account Address` is the public address of the account that will hold the vested tokens.
At creation, the `Vested TFT` amount will start with zero.
#### Step 3: Scan the QR code of the vesting account using your Threefold Connect app to deposit TFTs onto the vesting account.
Fill in the amount of TFTs in your wallet, and confirm. Leave 0.01 TFT in your old wallet (transfer fee).
Once the transfer is done, your TFTs are vested (see [Vesting Pool](vesting_pool) for more info).
In the dashboard, you can check for all vesting transactions that happened (`CHECK TRANSACTIONS` button).
![](img/vesting_transactions.jpg ':size=600') --->

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### Option 1: The TF Connect app
#### Prerequisites
- Have the ThreeFold Connect app installed
- Have TFT in that wallet (TFTA is not eligible for vesting)
#### Step 1: Open the app and go to the wallet section
![](img/wallet_vest_open_wallet.jpg ':size=300')
#### Step 2: Pick the wallet you want the vest tokens from and click vest
![](img/wallet_vest_click_vest.jpg ':size=300')
#### Step 3: Activate a vesting wallet
![](img/wallet_vest_activate.jpg ':size=300')
#### Step 4: When activation is completed click 'Vest TFT'
![](img/wallet_vest_start_vesting.jpg ':size=300')
#### Step 5: Transfer your tokens to the vesting wallet
![](img/wallet_vest_transfer.jpg ':size=300')
Clicking on the `100%` button is the quickest way of sending all available TFT to the vesting wallet.
After your amount is ok click 'Send Tokens'.
#### Step 6: Confirm the transaction
![](img/wallet_vest_send_tokens_confirm.jpg ':size=300')
After clicking confirm you will be presented with a loading screen (this can take a little while).
A blue message box will confirm your transaction has been processed successfully.
#### If you wish to see the amount of vested tokens :
- Select the same wallet of which you have just vested
- Click ``` check vesting opportunity ```
- This will show you the overview of your vested wallet including: the wallet address, the token amount, and the option to vest more.
![](img/wallet_vest_tokens_vested.jpg ':size=300')
!!!wiki.include:vesting_toc

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## How the vesting works (technical)
For each token holder that decides to vest their TFTs, a vesting wallet is created.
With the public address of the vesting wallet you can find the structure of the vesting account in the [Stellar](https://stellar.expert/explorer/public) blockchain.
The vesting account is a multi-signature account, requiring a 'weight' of 10 for a transactions to go through.
- As an owner, you provide a signature with a weight 5 to unlock the tokens.
- Our consensus_engine on tf_chain, will ensure your TFTs get unlocked according to the [vesting scheme](vesting_pool). Each node of the consensus engine has 1 vote. In current iteration there are 9 votes given to the consensus engine.
### Detailed view on the stellar explorer
![](img/vesting_signers.jpg ':size=600')
Unlocked amounts can be simply transferred by the user from the vesting account to any Stellar wallet.
#### What is the meaning of the `(w:10)` transaction ?
Among the signers, you will also find a `(w:10)` line.
This line is only meant to execute a special purpose transaction and has no importance for a normal vesting operation.
It is simply added for cleanup purposes of vesting accounts that have been created but haven't been used afterwards (i.e. which were never fed with TFT).
It's a necessary part of how we structure the vesting process in the back-end.
### How To find your vesting wallet address in the ThreeFold Connect App
- Select the wallet from which you have vested TFTs
- Click ``` check vesting wallet ```
- This will show you the overview of your vested wallet.
The address is in the red box in the example. If you input that into
[Stellar Expert](https://stellar.expert/explorer/public) you will find all details regarding your vesting wallet.
![](img/wallet_vest_address_lookup.jpg ':size=300')
!!!wiki.include:vesting_toc

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![](img/sustainable_.png)
# Vesting Overview
Vesting is a voluntary mechanism introduced by ThreeFold in march 2021. It allows any ThreeFold token holder to put their tokens in a vesting pool on voluntary basis.
The tokens will gradually unlock over 48 months and there is an acceleration forseen if the price of the tokens goes up well.
> DISCLAIMER: This is a voluntary process. Each peron who choses to vest their tokens understands that this will get their tokens locked up.
- [Vesting Pool](vesting_pool) - An introduction to how the vesting scheme is setup.
- [How To Vest](how_to_vest) - A quick and easy guide to vesting through the ThreeFold Connect app (more options coming soon).
- [TFGrid Concensus mechanism = blockchain](consensus3)
- [How Vesting Works](how_vesting_works) - Gives you insight to how vesting wallets work, how tokens are unlocked, and why multi-signature wallets are used.
- [How to do your own simulation](vesting_simulator_howto) - Shows you how to download the simulator yourself.
### A Quick Example
The following table shows how vesting would work out on month 0 and month 9 in relation to the token price.
![](img/vesting_scheme.jpg)
> Note our [disclaimers](legal:disclaimer)

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...![](img/sustainable_.png)
# Vesting Pool
ThreeFold has implemented a vesting pool over 48 months.
## ThreeFold Vesting
The vesting pool was designed so that tokens get unlocked according to two factors; time (month) and the token value. Every month, 1/48 of the tokens unlock. Also, once the price goes above a certain amount, more tokens unlock. See the table below.
| description | |
| ------------------------------------ | -------- |
| Number of TFT unlock per month | 1/48 |
| Start unlock from | 0.1 USD |
| Start accelerated unlock from | 0.15 USD |
| Full unlock from (100% acceleration) | 0.85 USD |
The Vesting mechanism was launched in April 2021 and the unlocking of tokens will start in May 2021 (Month 1).
> *TFT price used to release the vested tokens is calculated by the pricing oracle. The pricing orcale uses the average price over the last month as pulled from multiple decentralized exchanges who have a public api to do so. We* **DO NOT** *use the price as shown on one single exchange or other pricing venues such as: Coingecko, Coinmarketcap, etc.*
## Accelerated Vesting Table
![](img/vesting_scheme.jpg)
The percentage is the amount of tokens which will be unlocked at that month and price level indicated. Column one is for month 0, column 2 for month 9.
In [this spreadsheet](https://secure.threefold.me/sheet/#/2/sheet/view/1n-dKvn0uImvw9y72Wai1eXhVtKLP5-gRnNT4ZmO3dQ/) you can simulate different vesting scenarios.
## Is Vesting right for me?
If you are an ardent believer in the ThreeFold Project and you see the long-term value, then the answer should come to you fairly easily. By Vesting your TFTs, you give a vote of confidence to the project as this will reduce the supply of tokens and permit the token ecosystem to grow organically.
ThreeFold does not believe in meddling with the natural course of demand and supply and hence we have made the vesting scheme completely voluntary.
If you are in for the long run, then by vesting your tokens (which you would probably hold on to in the long run) you're basically saying that you will not sell your tokens at the current price. Instead of keeping this knowledge to yourself you're also announcing it to the whole Threefold community and the world.
!!wiki.def alias:accelerated_vesting_pool,vesting_pool
!!!wiki.include:vesting_toc

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## How to use the Vesting Simulator Spreadsheet
![](img/click_download_veting.jpg)
- Click on export, download this spreadsheet.
- Optionally you can install onlyoffice (alternative to MSOffice), which is the one we used to create this simulator.
- Change the red numbers to do your own simulation.
Please note time & price work independent from each other.
The table shows how unlocking of tokens happen in line to those 2 parameters.
[simulator is on this link](https://secure.threefold.me/sheet/#/2/sheet/view/1n-dKvn0uImvw9y72Wai1eXhVtKLP5-gRnNT4ZmO3dQ/)
!!!wiki.include:vesting_toc

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### More Info About Vesting
- [Vesting Pool](vesting_pool)
- [How to Vest](how_to_vest)
- [How Vesting Works](how_vesting_works)
- [How to do you own simulation](vesting_simulator_howto)
- [TFGrid Concensus mechanism = blockchain](consensus3)