# What is LOQT? LOQT is a token locking protocol built on the Abstract blockchain. It enables users to securely lock any ERC-20 token using flexible unlock schedules that are fully transparent and enforced on-chain ### How It Works When creating a lock, users have two options: * **Preset schedules** – choose from predefined unlock patterns that are already configured in the contract. These provide a quick way to apply common vesting or distribution structures without additional setup * **Custom schedules** – define your own unlock pattern by specifying the total amount, the unlock intervals, and the portion to release at each step. This allows for complete control over how and when tokens become available LOQT records all locks and unlock events directly on the Abstract chain. There is no off-chain data storage, ensuring that every action is verifiable, transparent, and tamper-proof ### Key Features * Lock any ERC-20 token deployed on the Abstract network * Select from preset unlock schedules or configure fully custom ones * Define custom intervals and amounts for each unlock * All data is stored on-chain for full transparency * No off-chain services or hidden processes — the contract itself enforces the rules --- # 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://docs.prediqt.xyz/loqt/what-is-loqt.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.