The Locker or TON Believers Fund

The Locker or TON Believers Fund

Community developers have introduced a new Locker smart contract, which allows any TON holder to lock their coins for a period of 5 years: 2 years of lockup and 3 years of vesting. The contract's logic enables long-term holders to make deposits in TON, while large holders can make donations that will be distributed among depositors in the future.

Using this contract, the TON Believers Fund or simply The Locker has been launched by the community. Through The Locker, users can make deposits or contribute donations. The smart contract's operation is divided into several phases, let's go through each of them in detail:

Deposits are accepted until October 23, 2023. After that, the coins will be locked inside the smart contract for 2 years. Then, starting from October 12, 2025, the coins, along with a share of the rewards, will begin to be distributed among all those who made deposits – this phase will last for another 3 years. All contributions made will be used as rewards for depositors.

The benefit of the smart contract lies in the fact that users who make deposits will receive much more TON after some time, as part of the TON will be temporarily removed from circulation, which will have a positive impact on the TON price. If you plan to hold a portion of your purchased coins for an extended period, this is the most profitable way to preserve and multiply them, similar to a bank deposit with increased interest earnings.

How to make a deposit?

To make a deposit, send at least 50 TON to the address EQDtFpEwcFAEcRe5mLVh2N6C0x-_hJEM7W61_JLnSF74p4q2 with the text comment "d" (lowercase, without quotes).

– Make sure to include the comment and do not encrypt this text comment.
– Please send the deposit only from a wallet you control, and do not send it directly from exchanges or bots, as you may lose your funds.

How to make a donation?

To make a donation, send at least 50 TON to the address EQDtFpEwcFAEcRe5mLVh2N6C0x-_hJEM7W61_JLnSF74p4q2 with the text comment "r" (lowercase, without quotes).

– Make sure to include the comment and do not encrypt this text comment.
– Again, send the donation only from a wallet you control, and do not send it directly from exchanges or bots, as you may lose your funds.

Sending via script

fift -s wallet-v3.fif mywallet EQDtFpEwcFAEcRe5mLVh2N6C0x-_hJEM7W61_JLnSF74p4q2 777 2 50 -b -C "d"

777 – subwallet_id
2 – seqno
50 – TON Amount
-b – bouncable mode to refund coins in case of typo
"d" – to make a deposit or "r" – to make a donation

Sending via mytonctrl

mg wallet_1 EQDtFpEwcFAEcRe5mLVh2N6C0x-_hJEM7W61_JLnSF74p4q2 50 -C d -b

wallet_1 - your wallet name at mytonctrl
50 – TON Amount
d – to make a deposit or r – to make a donation
-b – bouncable mode to refund coins in case of type

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