🛡️Protected IDO
At Hinox , we are committed to providing innovative solutions that meet the needs of our community. As part of this commitment, we have established a comprehensive refund policy designed to address specific situations to better safeguard our users’ interests.
Why This is important
A well-defined refund policy not only instills trust and confidence but also serves as a protective measure against unforeseen market fluctuations and amateur mistakes by project's team. By outlining clear eligibility criteria and a streamlined process on a per sale basis, Hinox ensures that users can make informed decisions when participating in token sales and IDOs, while also having a safety net in place should the need arise.
Hinox sales Policy
Considering that every sale comes with its own distinct terms and vesting schedules, Hinox is provides a custom solution for each sale to maximize user benefits. Hinox prioritizes price protection through two main ways
Liquidity—Teams must believe in their pricing and must provide a tradable environment for their token. Initial liquidity provision should be roughly equal to the value of the circulating supply at IDO price.
Price Protection—teams must provide a period where the tokens remain at or above the IDO price.
REFUND ELIGIBILITY CRITERIA
To be eligible for a refund under our policy, users must fulfill the following conditions related to the specific sale in question:
No Prior Token Claims Refund requests are only applicable for users who have NOT yet claimed any tokens from the specific sale. Once tokens are claimed, users are considered to have acknowledged both the potential risks and benefits, making them ineligible for a refund.
Token Price Criteria: Refunds can be claimed and activated only when the token’s value falls below the IDO price, as defined by the present refund window. This refund window begins on the date the token is listed on its first supported exchange, decentralized and other. Should the listing project not meet the price protection criteria, eligible users may submit a refund request through the Vesting dashboard.
How to claim Refund
To claim refund , follow these simples steps
Connect your wallet on the Hinox platform and navigate to the Vesting Dashboard
Locate the particular project and click the “refund” button.
Confirm the transaction on your wallet
The transaction will. be process and you money return to your wallet.
It's important to note that, Fees spent on gas and network may not be refunded.
Learn more here
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