SAKE Dev fund is vested with the Timelock contract now

SakePerp | SakeSwap
1 min readSep 13, 2020

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SAKE Dev fund is vested with the Timelock contract now, the Dev Fund is set up for project development.

Timelock Contract Address:https://etherscan.io/address/0xbf168fd05318250cd332405c6c5c0097593657ec

Transaction Hash:

https://etherscan.io/tx/0x546d155c4443ef491734f83a464e91c5bf92bc49b943da0020c4e4c21e1e337e

Dev fund management principles:

  1. No more than half of the fund balance will be released in each time period which is set as 2 weeks.
  2. Dev fund will only be used for SakeSwap development. It includes, but not limited to, new feature deployment, team growth, security audit expenses, and community operation.
  3. We love Sake.

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