Holder redemption (180 days)

Refunds are for the people who invested in the raise. But a token can change hands after launch, so 180 days after a launched project fails, refunds close and whatever is still in the vault is shared equally across the project's tokens, whoever holds them now. That includes people who bought on the market.

1. 1

   Open the project

   A failed project shows a Redeem card, with the date redemption opens.

2. 2

   Choose how many tokens

   Each token you hand in gets an equal share of the money left. The tokens are burned.

3. 3

   Confirm

   Confirm in your wallet.

Team tokens that never unlocked don't get a share. Tokens sitting in the trading pool do, but nobody can claim them, so that part stays in the vault.