I have a question regard to the token sale: How token distribution work?
An example:
10% for private sale
30% for public sale
20% for dev team
40% for rewards
The number of token will be transferred to these address at the time the token created or it will be transferred to these address after that?
It depends on the token contract implementation, can be both.
Example that mints 100 tokens to public sale available right after token creation, and reserves another 50 for later vesting by a dev team address:
pragma solidity ^0.8;
contract MyToken {
mapping (address => uint256) _balances;
mapping (address => Vesting) _vesting;
struct Vesting {
uint256 amount;
uint64 unlockTime;
}
constructor() {
address publicSaleAddress = address(0x123);
address devTeamAddress = address(0x456);
// set the `publicSaleAddress` balance right away
_balances[publicSaleAddress] = 100;
// don't set the `devTeamAddress` balance now
// instead, allow them to claim it after some time
uint64 deadline = uint64(block.timestamp) + 365 days;
_vesting[devTeamAddress] = Vesting(
50,
deadline
);
}
function unvest() external {
// check if they have something to unvest
require(_vesting[msg.sender].amount > 0, 'Nothing to unvest');
// check if they are allowed to unvest yet
require(_vesting[msg.sender].unlockTime >= block.timestamp, 'Not yet');
// increase their balance
_balances[msg.sender] += _vesting[msg.sender].amount;
// prevent them from claiming the balance again
_vesting[msg.sender] = Vesting(0, 0);
}
}