sWAX Locker

Have paper hands? One of our roadmap goals is to implement a time/price-lock mechanism, which will allow users to lock their sWAX tokens in our smart contract until one of the following occurs:

  • The amount of time the user chose to lock for has elapsed

  • WAX has reached the user's target selling price

This will create a way for users to make sure they don't sell their WAX tokens too early. WAX price will be fetched from the native open-source delphioracle contract on WAX.

It is worth noting that in order for a price-based unlock to occur, the current WAX price must be >= the user's target price. Therefore, if a user waits until the price goes back under their target, they will not be able to unlock until one of the criteria is met again.

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