Have you ever held a token, sold at a low price (probably at a loss), slept, then woke up to the token doing x1,000? Well, you’re not alone. I fumbled $PEPE at a very early stage too and the memory still hurts.

What if I told you that you may never experience such again if you subscribe to the Target Protocol? Target Protocol is the product that forces you to be a diamond hand, and forces you to succeed in crypto, regardless of the short-term price action of your tokens.

Hop on, let’s explore what Target Protocol has in store for us all.

What is Target Protocol?

Simply put, Target Protocol is the cool product that allows you to lock your tokens and set target prices so that you won't be forced to jeet your own bags.

It helps you play out your conviction of a token with confidence, eliminating the anxiety and stress associated with market volatility.

In short, Target Protocol is your crypto success story, allowing you to make maximum profit off your investments.

Unlike conventional token lockers that rely on time-governed vesting, Target Protocol uses a price-governed vesting mechanism.

Target Protocol’s price-governed vesting brings unparalleled benefits to crypto investors by allowing them to be diamond-handed regardless of the short-term price action of their tokens.

✅ Execute conviction plays without timing the market

✅ Mitigate market volatility with unlocking flexibility

✅ Aligned Incentives for investors’ conviction

Unlike conventional token locking mechanisms, users do not have the ability to:

❌ Capitalize on short-term market opportunities

❌ React to sudden changes in market sentiments

❌ Unlock tokens during favourable market conditions

Exploring Target Locker

This is the technology that allows a party to lock their tokens to be unlocked predefined price and time. It uses a price-governed vesting mechanism to keep users’ tokens safe. Currently, Target Protocol’s Target Locker is compatible with tokens on Ethereum and Base chains with active plans to expand to other L2 chains like Blast and Arb.

The Target Locker empowers investors to respond dynamically to market conditions and remain committed to their token convictions without jeeting prematurely.

Why use Target Protocol?

✓ Boosts investors’ confidence in their tokens

✓ Price-governed vesting offers strategic control over market dynamics

✓ Token price stability

✓ Mitigated volatility

✓ Additional incentives to investors

✓ Elimination of stress and anxiety associated with market volatility

✓ Reduces the opportunity costs linked with selling prematurely

How to Use Target Protocol

1. Select tokens you believe will increase in value (Any ERC20 or Base tokens).

2. Lock your tokens with a chosen target price and duration (Minimum 1 month & 50% away from current prices).

3. Wait and see your conviction play out!

What if a User Wants to Unlock Their Tokens Earlier?

They can use a master key. It enables the early withdrawal of vested tokens in instances where investors wish to redeem their tokens before the preset duration or price.

Master Key can be purchased with $TARGET tokens. Note that the $TARGET tokens spent to purchase the master key will be automatically burned at the end of each transaction.

Cost: 0.5ETH worth of $TARGET (may be subjected to change depending on market conditions)

Key Features

① Price Target Locking

Users can define specific price targets for their tokens within the Target Protocol's platform, these targets serve as milestones that trigger token unlocking.

For instance, a user can lock $SLERF and set a price target at $1, when $SLERF hits $1, the vested tokens are immediately unlocked and the user receives $TARGET incentives.

② Revenue Share

$TARGET holders can also earn revenue share in ETH. This comes from the fees from the locking and unlocking of tokens. This move promotes project sustainability and investors' confidence.

③ Smart Contract Security and Transparency

All users on Target Protocol receive confirmation of the lock, which is visible on the blockchain and through the platform’s user interface. Liquidity is automatically released after the specified price target is attained.

Project Utility

Success is the utility of Target Protocol. Looking deeply into the project, its potential is unimaginable. Let’s say you buy a token and you know most of the other holders have locked their tokens until a target higher price. That gives you confidence to invest because you’re sure no one is going to dump on you. This also opens the door for the token’s success because more people are hodling and the potential for upward price actions is high.

Perks

✓ Users can now lock their ERC20 and Base tokens to predetermined price targets

✓ Early users and top performers on the leaderboard will be rewarded with incentives

✓ Every user who waits for the target convictions to play out will receive $TARGET tokens as an incentive