Offering terms

Offering rules

Each offering stores a set of rules shown in its Rules section:

  • Minimum raise and hard cap (SOL).
  • Maximum contribution per account.
  • Start and end time.
  • Allocation method: first come, first served or pro-rata.
  • Access: open to all accounts, or allowlist only.
  • Participant vesting and cliff (optional).
  • Token split: offering, liquidity, team and any other buckets.
  • Team vesting and cliff.
  • Refund rule if the minimum raise is not reached.

Not on-chain enforced yet

Rules are stored and displayed by ICO. They will only be enforced by code once the planned program is deployed and audited.