Locked tokens, finally tradable?
@1st_app, built by @springdotnet, just launched the first #DEX for locked tokens, fixing one of #DeFi’s oldest pain points: capital stuck in vesting
Why you should care?👇
For the first time, you can buy early allocations like VCs or sell your locked bags instantly.
Right now, billions in early allocations sit idle
VCs wait years for vesting to finish
Retail can only buy after listing, usually at inflated prices
And when those tokens finally unlock, charts crash hard
@web3natural (@1st_app's Founder) changes that
He turns private allocations (via verified SAFTs) into Mirror Tokens, ERC-20 tokens that represent your right to future claims.
Each Mirror Token is backed 1:1 by real tokens as they vest
That means anyone can trade locked allocations instantly, with the same transparency and liquidity as live tokens.
Why it matters to you?
- Gives you access to early stage deals that were once limited to insiders
- Helps projects reduce sell pressure
- Lets funds rebalance portfolios safely
- Brings transparent price discovery to private markets
Built by @springdotnet, which already has 200K verified investors, $400M+ deal flow, and backers like @animocabrands and @nexusfusioncap
The current first trading pair: locked @AethirCloud (mATH)
→ trading at ~$0.0202, around 20% below ATH
→ 1:1 redeemable for ATH as it unlocks
Early investors can take profits early
Newcomers can buy discounted exposure.
A few things to keep in mind:
- Early listings may lean toward VC-heavy projects
- 3% trading fee can feel steep for small traders
- If discounts shrink, retail participation may fade
It’s not a guaranteed win, only a new way to unlock liquidity in a frozen market
Big potential, real risk. Either way, worth watching how this plays out.
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