liftedinit / liftedinit/roadmap

Token cliff

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Description

Description: A Liftoff Program member has requested a way for a token cliff feature. This feature enables a Sender to decide when a Recipient begins to receive vested tokens. This is common in token equity deals and certain forms of payments. There are different scenarios for when/if a Sender can cancel a contract and who can transfer the contract's tokens after the cliff is met.

Story ROI: This feature supports Web3 Treasury management via Alberto that was requested by a customer and is valuable to Lifted internally as well.

As a company, I want the Recipient to start receiving tokens at a certain data and time so that incentives are aligned.

  • Should be achievable via many-rs.
  • Should be able to set a cliff date and time for when the tokens begin vesting.
  • Should be able to input the token that will be transferred.
  • Should be able to input the number of tokens that will be vested on the cliff date and time.
  • Should be able to input the Recipient's address that will receive of the tokens.
  • Should be able to transact tokens after they are received by the Recipient unless "locked" or frozen.
  • Should be able to input a Contract Title.
  • Should be able to cancel the Contract by the Sender.
  • Should be deployed to dev.
  • Should be able to be demoed.

Questions:

  • Should we allow the Recipient to be able to transfer the contract?

Example from https://streamflow.finance/:
Image

Contributor guide

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First steps

  1. Read the whole issue, then the project's contributing guide.
  2. Comment on the issue to say you are picking it up — it saves two people doing the same work.
  3. Fork the repository and make your change on a branch.
  4. Open a pull request that references the issue number.

Research direction

Review the token-cliff requirements and the unresolved question about whether the Recipient can transfer the contract; no implementation files or tests are identified. Start by defining the cancellation, transfer, locking, and vesting rules, then scope the dev deployment and demo checks.

Written by the indexing model from the issue text.

Assessment

Domain
blockchain
Issue type
Feature
Difficulty
5/5
Estimated time
Over a week
Activity status
Stale
Clarity
Needs clarification
Newbie friendliness
20/100

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