Daomaker

Daomaker refunds depend on the sale's terms and the status of your allocation

Daomaker refunds are advertised for individual launchpad purchases under the terms of each sale. The refund window and any claim restrictions determine whether the option remains available. Unio Coin and Cyclean sale terms each list a three-day refund period. Returning an unused deposit or withdrawing staked DAO follows a different mechanism.

A refund decision concerns the contribution used to buy project tokens. Vesting controls token release, while DAO staking can support private-sale eligibility. Those commitments have separate clocks, so a future token unlock doesn't automatically preserve a purchase's refund option.

A vesting cliff delays token release; it doesn't extend the refund period attached to an eligible sale purchase.

Contribution balances and project-token allocations

A sale contribution funds the project tokens allocated to a participant. Any contribution that doesn't enter that allocation remains an excess balance. A purchase refund reverses eligible participation; an excess return releases capital that the sale didn't use. These actions apply to different amounts, even within the same offering. The unused balance therefore doesn't show how much of the allocated purchase qualifies for a refund.

Before contributing, you can compare the offering's refund conditions without committing sale funds. After allocation, reversing the purchase requires the offering's refund option.

Which purchases qualify for a refund?

A purchase needs a refund option that covers its specific offering, and the participant must meet its conditions while the refund window remains open. Unio Coin and Cyclean advertise refundable sales, while clause 6.5.7 of the General Terms and Conditions calls SHO purchase payments non-refundable. The sale entries don't explain how those refund offers fit that clause.

A refundable label identifies a sale feature. It doesn't cover every balance in the account.

A short label doesn't identify the payout asset or percentage, and it doesn't explain how a claim changes eligibility. Those conditions matter before choosing between the allocation and its refund. A documented period answers the timing question without establishing a particular refund amount.

An offering's entry requirements remain applicable even when it includes a refund option.

Diagram: Which purchases qualify for a refund? (Daomaker refunds)

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Claim status and the commitment boundary

A claim-or-refund offering presents a choice between keeping the project-token allocation and using its refund option. The claim conditions determine when that choice becomes final. If the offering excludes claimed allocations, leaving later tranches locked won't reopen the refund option. The commitment boundary can therefore arrive before the full allocation unlocks.

Claims with different purposes

A claim retrieves a particular asset or balance. Its name alone doesn't establish whether it commits a purchase or returns unused capital.

Project-token claims

A project-token claim takes delivery of a released portion of the sale allocation. Any refund restriction triggered by that claim belongs to the purchase under that sale's conditions. The remaining vesting schedule governs later delivery; it doesn't undo an earlier claim.

Excess contribution claims

A public DAO Boost participant manually claims excess DAO to retrieve an unallocated contribution balance. That operation concerns contribution tokens, separate from the purchased project's tokens. A refund restriction concerning project-token claims shouldn't automatically be applied to every action that uses the word claim.

How long is the refund window?

The refund window lasts for the period specified in the particular sale's terms. The Unio Coin sale terms specify a three-day refund period. Cyclean's sale terms also list three days. These periods describe those offerings; they don't establish a platform-wide duration for every sale.

A duration alone doesn't identify its exact closing time. Iceberg's sale announcement placed its three-day refund window after listing. That starting event isn't specified in the Unio Coin or Cyclean sale summaries. A sale deadline controls when contributions close, while a refund deadline controls purchase reversal. Don't use the contribution closing time as the start of a refund period unless that sale defines it that way.

How long is the refund window? (Daomaker refunds)
Diagram: How long is the refund window?

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Unio Coin's separate refund and vesting periods

A hypothetical participant holds an unclaimed Unio Coin sale allocation inside its refund window and wonders whether the three-month cliff extends the refund deadline. The cliff doesn't extend the three-day refund period. The sale's release schedule provides 25% at TGE, the token generation event, followed by a three-month cliff and nine months of linear vesting. Those months govern delivery of the remaining tokens. The participant's refund decision still belongs inside the applicable refund window and follows the sale's claim conditions.

Token claim fees and refund amounts

A 5% platform fee applies to each round that a participant chooses to claim, with the deduction coming from tokens. This charge concerns the claimed allocation. It doesn't define a separate refund fee or the amount returned from a purchase. Subtracting the token claim fee from a cash contribution wouldn't establish the refund payout.

The returned asset matters whenever participation changes the contribution's denomination. Public DAO Boost converts USDT into DAO. Receiving DAO doesn't establish recovery of the original USDT value, because DAO's market price can change. The purchase's refund terms must establish which asset and quantity a refund returns; an excess-deposit rule answers a different question.

Visual summary: Daomaker refunds: Token claim fees and refund amounts
Token claim fees and refund amounts

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Is an unused deposit return the same as a purchase refund?

An unused deposit return releases unallocated contributions; a purchase refund applies to an allocation covered by the sale's refund conditions. Classic public deposits return excess USDT automatically at the end of the offering. Public DAO Boost participants must claim excess DAO manually. Those paths release unused contributions without establishing a right to reverse the allocated purchase.

Private guaranteed-allocation offerings also return excess deposits automatically at the end of the offering. An excess return can therefore occur without a participant choosing to refund a purchase. The allocated portion still follows its own refund conditions, even when the offering returns unused capital.

Staking withdrawals and market exits

Withdrawing staked DAO changes the staking position. It doesn't cancel a purchase of project tokens.

DAO Power connects DAO commitments with private-sale eligibility, so unstaking can affect future project-token unlocks. The required power governs continuing eligibility for a retained private-offering allocation. A sale refund addresses the purchase contribution under its own rules.

Once a sale's refund option no longer applies, a market sale would depend on available liquidity for the released tokens. Its proceeds follow market execution and don't inherit the original purchase price. An unreleased allocation doesn't provide the same market exit as delivered tokens. For UNIO, the sale terms place the remaining unlocks after a three-month cliff.

Things people ask about Daomaker refunds

Why does Unio Coin's sale listing still have a refundable label?

The label describes the recorded sale terms; it doesn't announce a newly opened refund window. The Unio Coin entry gives September 30, 2024 as its listing date. The particular participation still needs an available refund option under the sale's applicable deadline.

Which network did Unio Coin's refundable SHO identify for its tokens?

Unio Coin's sale terms identify Base as the network for its Strong Holder Offering (SHO) tokens. Its broader project network description also lists Ethereum and BNB. The SHO entry doesn't, by itself, specify the asset or network that a refund payout uses, so those details must come from the refund conditions.

Do I need a DAO stake to access a public sale's refund option?

Public Strong Holder Offerings (SHOs) don't require DAO staking for participation, and refund eligibility follows each sale's conditions. Private SHOs use DAO staking for access. A stake doesn't turn every purchase into a refundable one, while a refund label doesn't remove private-sale entry requirements. Access to an offering and eligibility to reverse its purchase are separate conditions.

Can an exchange purchase qualify for the same launchpad refund?

A purchase on an exchange doesn't establish participation in the launchpad sale that offers a refund. Any refund option for those tokens would need to cover that purchase specifically. Matching the project name or ticker alone isn't enough. A refund option attached to sale participation shouldn't be assumed to transfer with tokens.

Does DAO Power's three-day grace period extend a sale's refund window?

The DAO Power grace period doesn't extend a separate purchase-refund deadline. It gives a private-offering participant three days to restore missing DAO Power and retain future project-token unlocks. Failing to restore the required power costs all future unlocks of that project's tokens. The refund window governs reversal of the qualifying purchase.

Will a project refund cover a loss on DAO bought for sale access?

A project's refund option doesn't establish reimbursement for a separate purchase of DAO used for sale access. The cost of acquiring DAO and the contribution allocated to the project are different expenditures. Returning DAO, where the applicable terms provide for it, also doesn't restore its earlier cash value. Its market price determines that value.

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