# Pre-Sale Time Locks ### What is Time Locked? The contract allows for a Wallet and designated number of tokens to be locked (can't be sold or transferred) for a period of time (designated in seconds). These values can be updated to allow for more tokens to be released from the lock. ### Why are you Time Locking Pre-Sale Tokens? The primary goal of the contract and token is to protect holders and protect from any one individual damaging the value of the token by doing a mass sell-off. This is an unfortunate occurrence that happens often in crypto. NIL is focused on building long-term value and building confidence in existing holders and new holders in the future. ### How long will Pre-Sale Tokens be Time Locked Every holder's Time Lock will be based on the Phase they participate in and the amount of NIL they own. The algorithm being used will determine a balance between the health/price/liquidity of the token and reasonable rate of return on the token. All holders will continue to receive Reflections (which will not be locked) and because they participated in the pre-sale they will receive a large portion. And tokens purchased after the pre-sale will not be locked. The final determination of how pre-sales tokens will be unlocked over time will be published on this site. ### How does a Time Lock work? A Time Lock is created in the Contract. We add your Wallet Address, Number of Tokens to be locked and the time frame to lock them. The tokens are still in your ERC20 Wallet, but you will not be able to sell or transfer the amount we lock. For example, you may have 1200 Tokens, but we lock 1000. This means you can sell/transfer 200 tokens, but not the other 1000. \\ ### How do I check how many Tokens I have locked? You can check how many tokens are locked by going to Etherscan here: and clicking on CONTRACT and READ. ![](/files/uTRQx2y2lpX3DYFR06ST) And then find the function **getLockedAmount**. Put your wallet address in the form, and it will show you the locked amount. The format of the number shows no decimal point before the last 8 digits (so you have to do it yourself). ![](/files/kHpKRfATmtc1GRPf2Ej9) --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://doortoken.gitbook.io/nil-help/token-health/pre-sale-time-locks.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.