Description
TON Locker is a smart contract introduced by community developers that allows any TON holder to lock their coins for a period of five years, split into a 2-year lockup phase and a 3-year vesting/distribution phase. Through this contract, the community launched what is called the TON Believers Fund, or 'The Locker,' where users can either make deposits (minimum 50 TON, tagged with comment 'd') or make donations (minimum 50 TON, tagged with comment 'r') to a designated smart contract address. Deposits were accepted until October 23, 2023, after which funds were locked for two years; starting October 12, 2025, deposited coins along with a share of accumulated donation-based rewards began being distributed back to depositors over a further three-year period. The product serves individual TON holders who wish to hold a portion of their coins long-term in exchange for enhanced returns, similar to a bank deposit with amplified interest, while also reducing circulating TON supply to benefit the broader network's token economics.