> For the complete documentation index, see [llms.txt](https://docs.unich.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.unich.com/unich-network/founding-team-accountability/the-120-refund-mechanism.md).

# The 120% Refund Mechanism

Every IDO participant has two options:

**Option 1: Convert UN to FC.** Rate: 10 UN = 1 FC. Unlocks 100% at FC TGE, with no vesting schedule applied.

**Option 2: 120% Refund.** Each User receives 120% of invested capital (100% principal + 20% compensation), returned in the same asset used to participate — SOL for SOL investors, USDT for USDT investors, ETH for ETH investors.

The 120% refund is distributed in three batches:

| Batch   | Amount | Timeline                                       |
| ------- | ------ | ---------------------------------------------- |
| Batch 1 | 30%    | 3 months after all Users complete registration |
| Batch 2 | 40%    | 3 months after Batch 1                         |
| Batch 3 | 50%    | 3 months after Batch 2                         |

The registration window stays open for a maximum of 4 months. If a User does not complete registration by the deadline, Option 2 applies automatically — no User is left without a path forward.


---

# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.

## Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.unich.com/unich-network/founding-team-accountability/the-120-refund-mechanism.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.
