> For the complete documentation index, see [llms.txt](https://bloktime.gitbook.io/product-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://bloktime.gitbook.io/product-docs/launchpad/vesting-lockers.md).

# Vesting Lockers

A vesting locker, i.e. a token vault, allows you to time lock any ERC20 token in a configurable escrow service on the blockchain that will let you  perform a number of beneficial tasks like:

* Locking your own tokens for a fixed amount of time.
* Lock tokens that you can send send and release to others on a timed-release schedule.
* Create cliffs and vesting schedules that can be unlocked at customizeable times.

### What is a Token Vault?

A token vesting locker, i.e your Token Vault, allows you to lock any amount of tokens you have available for any amount of time that you need to commit to holding any digital asset that is defined as an ERC20 token.

### Why do you need a Token Vault?

Rewarding your team with tokens is a tool you have to help you take your product to market; and a transparent, and public vesting schedule locked on the blockchain can help you gain credibility and trust from your community of investors for your project. Locking your team's tokens ensures that your project delivers the results it promises before you reward your team.


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