After an IDO (Initial DEX Offering) finishes, the project’s token is launched, starting a refund period. Users can choose between “Claim” or “Refund” during this period on their dashboard. If users want to refund, they can select “Refund” at any time within the refund period, and their initial contributions will be returned to their wallets simultaneously.
If a user chooses “Claim,” they will receive their token allocation but lose the refund option.
Every IDO on the Dappad Launchpad is reviewed before listing, which determines the length of the refund grace period. This period is usually between 12 to 48 hours, but it can be adjusted by the Dappad Launchpad team if needed.
Refund Qualification
Participants in all tiers, from Novice Bender to Avatar State, can get a 100% refund of their committed funds as long as they request it within the refund period and have not claimed their tokens.
Conclusion
The Refund Policy protects the Dappad community and ensures that projects maintain high standards.
F.A.Q.s — Frequently Asked Questions
- How long can I request a Refund?
You can request a refund at any time during the refund period, as long as you have not selected "Claim."
- Do I get a full refund?
Yes, you will get a 100% refund of your allocation.
- Can I request a refund after I "Claim"?
No, once you claim your tokens, you cannot get a refund.
- How is this beneficial to projects?
The refund policy ensures that projects follow strict guidelines, providing the best service to users. It helps keep lower-quality projects away from our community.