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FAQ

Is there a raise target?​

There is no raise target. The total amount of SOL raised is uncapped and can continue to change as the auction progresses.

Why does the auction last 3 days?​

We chose this duration because we wanted everyone to have a fair chance to participate in each auction.

Can I withdraw my bid if I change my mind?​

Yes, you can withdraw your bid at any time and get a full refund.

When can I claim my tokens?​

You can claim your tokens as soon as the auction ends. All bidders will be able to claim tokens at the same time, regardless of when they placed their bids.

How much can I earn from referrals?​

With our referral program, you can earn 25% of auction fee revenues from friends you refer. For example, if your friend bids 100 SOL and the auction fee is 1%, you will earn 0.25 SOL.

Are project owners associated with repo tokens?​

It depends. Anyone can launch a token for any GitHub repo, but participation from repo owners is opt-in — they can either choose to ignore it, or verify their GitHub account at any time to claim their share of swap fees (plus vested tokens).

Projects with verified owners are identified by a blue check mark.

Verified

Do tokens represent intellectual property (IP) rights or ownership of source code?​

No.

How does vesting work?​

1/3 tokens are reserved for vesting to the repo owner to fund project development, if they decide to claim it. We are still designing the precise vesting mechanism and will share more information shortly. For now, the tokens are locked in a vault.