# Genesis Refund Policy

**Genesis is built to reward maximum participation, with minimal risk.**

The Genesis Launch mechanism is designed to enable high-conviction participation, while maintaining full protection of unused capital and pledged points through a deterministic refund logic.

{% hint style="info" %}
Pledge with confidence. All excess is returned, no matter how high you aim.
{% endhint %}

Commitments are never punitive. The protocol ensures that each participant receives a token allocation proportional to their inputs, with all unused values automatically returned.<br>

**If the Genesis Launch is&#x20;**<mark style="color:red;">**unsuccessful:**</mark>

> **• All pledged points are fully refunded**
>
> **• All committed $VIRTUAL is fully returned**

{% hint style="danger" %}
A launch is considered unsuccessful if total committed $VIRTUAL **falls below 21,000 $VIRTUAL,** the minimum required to instantiate the bonding curve and trigger Sentient activation.
{% endhint %}

**If the Genesis Launch is&#x20;**<mark style="color:green;">**successful:**</mark>

> **• Any unused $VIRTUAL (beyond final allocation) is fully refunded**
>
> **• Any unused points (beyond final distribution logic) are fully returned**
>
> **• Refunds also occur if aggregate commitments overshoot the highest tier reached (e.g. if pledges land in the 42K tier but 62K $VIRTUAL was committed, the 20K excess is refunded).**

Genesis Launches are dynamic by design. Allocations are influenced by total network participation across a 24-hour window.&#x20;

* As more participants pledge, the system may advance into higher tiers, expanding the raise size.
* Your estimated allocation may decrease if new pledges dilute your share.
* Participants can increase points and $VIRTUAL at any time before close.

{% hint style="info" %}
Estimate boldly. Overcommitting is safer than undercommitting. The system adjusts, then refunds.
{% endhint %}

This structure enables high-agency participation while preserving efficiency. Final allocations are determined strictly by onchain logic, and all unused commitments, whether in points or $VIRTUAL, are returned. The mechanism is designed to scale with conviction, without introducing excess risk.

**Operational Guarantees:**

> **• No funds are retained beyond what is used for successful allocation.**
>
> **• Refunds are automatic and executed at the smart contract level.**
>
> **• The system is built to favor upfront commitment while ensuring precision at final settlement.**

The result: a fair, trustless coordination layer that enables maximum signaling—without irreversible cost.

***

## Claiming

Genesis tokens are not automatically delivered. Users will claim their final token allocation through the UI once the launch concludes.

| Snapshot Date | Epoch   | Airdrop Week (Allocation Period) | $VIRTUAL Staking | Points | Ecosystem Activity (ACP / Butler) |
| ------------- | ------- | -------------------------------- | ---------------- | ------ | --------------------------------- |
| Oct 8, 2025   | Epoch 0 | Oct 9 – 12 (Week 1)              | 2%               | 3%     | 0%                                |
| Oct 12, 2025  | Epoch 1 | Oct 13 – 19 (Week 2)             | 2%               | 2%     | 1%                                |
| Oct 19, 2025  | Epoch 2 | Oct 20 – 26 (Week 3)             | 2%               | 1%     | 2%                                |
| Oct 26, 2025  | Epoch 3 | Oct 27 – Nov 2 (Week 4)          | 2%               | 0%     | 3%                                |

| Week              | Airdrop Distribution                                                             | Notes                              |
| ----------------- | -------------------------------------------------------------------------------- | ---------------------------------- |
| Week 1            | 2% based on $VIRTUAL staking, 3% based on points                                 |                                    |
| Week 2            | 2% based on $VIRTUAL staking, 2% based on points, 1% based on ecosystem activity |                                    |
| Week 3            | 2% based on $VIRTUAL staking, 1% based on points, 2% based on ecosystem activity | Final week of point-based airdrops |
| Week 4 and onward | 2% based on $VIRTUAL staking, 3% based on ecosystem activity                     | Points fully phased out            |

| Category           | Allocation | Notes                                                                                                      |
| ------------------ | ---------- | ---------------------------------------------------------------------------------------------------------- |
| Ecosystem Airdrops | 5 %        | 2 % $VIRTUAL Stakers, 3 % Virtuals Ecosystem Participants                                                  |
| Open Market        | 45 %       | Public trading pool                                                                                        |
| Team Allocation    | 50 %       | 25 % linear fundraising mechanism / 25 % 1-year lock (6 month linear vesting schedule) or 160 M FDV unlock |

| Category          | Genesis                                               | Unicorn                                                                                                        |
| ----------------- | ----------------------------------------------------- | -------------------------------------------------------------------------------------------------------------- |
| Access Mechanism  | Points-based pledging and capped allocations          | Fully open market participation, anyone can trade directly from Day 1                                          |
| Fundraising Logic | No direct fundraising; founders relied on trading tax | Continuous linear fundraising from 2 M → 160 M FDV through limit-sell order mechanism                          |
| Founder Alignment | No structured unlocks or growth milestones            | 50 % team tokens locked through, 25 % linear funding starting at 2 M FDV, 25 % 1-year lock or 160 M FDV unlock |
| Ecosystem Rewards | Points system and periodic Genesis bonuses            | 5 % of every new launch automatically airdropped to $VIRTUAL stakers and Virtuals ecosystem participants       |
| Sniper Protection | Limited anti-bot systems                              | 99 % → 1 % decaying tax during launch                                                                          |
| Market Entry      | Pre-sale pledging                                     | Starts low and open, real market-driven discovery                                                              |
| Fairness Model    | Everyone gets a small piece                           | Conviction decides outcome, early believers capture the biggest upside                                         |