A DeFi application that locks your Ethereum in a temporal SafeCommit to your saving goals by locking your Ethereum for a predefined amount of time, and be protected from unplanned and undecided transactions that result in the shrinkage of your savings.
How it works
Lock Save is an Ethereum smart contract, allowing it's users to save their coins and choose when these coins should be available to be withdrawn. The saving is done by locking the coins in the smart contract using the current platform.
The platform gives to the user an intuitive interface to input the amount of coins they want to save, and the date they wish to withdraw.
The address will still be able to withdraw its savings before the predefined date, but 1% of the saving will be deducted from the amount initially locked. This deduction is to incentivize the user to keep their funds in the contract to help them achieve their savings goals.
The platform gives to the user an intuitive interface to input the amount of coins they want to save, and the date they wish to withdraw.
The address will still be able to withdraw its savings before the predefined date, but 1% of the saving will be deducted from the amount initially locked. This deduction is to incentivize the user to keep their funds in the contract to help them achieve their savings goals.
LOCK SAVE TOKEN (LOCK)
The Lock Save Token (LOCK) is an ERC20 token for the Lock Save Protocol. This token can be purchased with ETH or swapped on the pancake exchange. During our upcoming ICO the token shall be used for investment in the Lock Save Protocol.
