> 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.