How to create Vault to distribute tokens
Last updated
Last updated
If you are eligible to receive the tokens through Coin98 Vault, you have to install the Coin98 Extension first to connect wallets to https://vault.coin98.com/.
Ignore this step if your receiving addresses are already active in the Manage Wallets section of the Coin98 Extension.
Coin98 Vault uses the father tokens of each blockchain as gas fees, so you have to have these tokens as fees to claim the tokens.
You can buy the native coins on CEXs like Binance, Kucoin,… and withdraw to the corresponding wallets to experience the product. For layer 2 blockchains like Boba, please convert ETH to the corresponding network to use it.
Note: You have to transfer each coin to the corresponding wallet on the correct blockchain.
This feature is only available on the Coin98 Vault website, allowing users to create their vault to send or distribute the tokens. Here are the supported blockchains on Vault V2:
BNB Smart Chain
Viction
Polygon
Ethereum
Avax C-Chain
Fantom
Heco Chain
Ancient8
Celo
Arbitrum
To distribute tokens through your own vault, you who is the admin need to follow the stages below.
Step 1: Access Manage Profile to Create Profile --> Click on Create Profile button to create
Step 2: In the Vault Version 2.0, the Profile contains the Schedule and Amount. The admin needs to input the distribution time and the amount based on the syntax below:
Schedule Format: yyyymmddhhmm?amount
yyyymmddhhmm: the time that the user can claim
amount: the amount of tokens that the user will receive at that time
Note: If there are multiple members who have the same Schedule and amount to claim, then the admin just needs to create one.
Tips: Copy 2 columns on Excel
First column: Schedule yyyymmddhhmm
Second column: amount
Step 1: Access Manage Vault to Create Vault --> Click on Create Vault button to create
Step 2: In Create Vault form, the admin fills the following information
Vault Name
Chain of Vault
Logo of Vault
After creating the Vault successfully, the Admin will need to transfer the Token into the Vault Contract Address. Otherwise, the receiver will not be able to claim tokens.
Only the tokens on the list below are supported on Admin Vault V2 and can be sent to Vault Contract. Kindly recheck the token list carefully before transferring any tokens into Vault Contract.
Viction
C98
VIC
SAROS
BNB Chain
C98
CUSD
AURA
USDT
BUSD
USDC
INS
ALICE
HOTCROSS
DNXC
IDIA
RACA
OSWAP
THG
RENA
DNFT
DAR
EBA
GSTS
DREAMS
OGS
GRBE
THE
Ethereum
C98
CUSD
USDC
ALICE
C3
HOTCROSS
DAR
GF
LEVER
Avax
JOE
USDC
HECO Chain
HUSD
Polygon
C98
Arbitrum
USDT
Ancient8
EIGHTEEN
HAIRY
Celo
-
Fantom
-
Step 1: Access Manage Schedule to Create Schedule --> Click on Create Schedule button to create
Step 2: Admin will need to create Schedule for each Member/Receiver/Claimer.
In Vault Version 2.0, the Schedule will map the Vault Pool with the User’s address, then the user can claim the Vault based on the Time and amount in the User’s Profile.
Admin needs to fill in the following information
Token
The Token & its chain that the user will receive
Vault
Choose the Vault Pool that user will claim. This Vault is filtered by Chain of Token above
Schedule Name & Description
Input the name & description
Address
The address can claim this Vault
Message Notification
The Notification that user will receive in Coin98 Super Wallet
Schedule Data
Click on Import Profile button, then select the Profile that the user will claim
After the tokens are distributed, the receivers can claim through their Coin98 Vault
Note: If your Vault is on Version 1 or on Solana network, kindly switch to Version 1 to claim your tokens.
You can switch to Vault Version 1 by clicking on "Switch to Vault Version 1" at the bottom left corner of the interface.
The steps to create your own vault, and distribute tokens in Vault V1 will be similar to the Vault V2. You can refer to the instructions here On Vault V2.
