Introducing: Opti-Return- 24 hours optional refund policy

RazrFi
4 min readJul 12, 2023

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The current market conditions have presented numerous challenges. Volatility and uncertainty have become the norm. Market conditions are unpredictable, leaving many hesitant to invest. It is essential for projects to address these concerns head-on and establish trust among potential investors.

In response to these difficulties, we are thrilled to announce the introduction of an additional variant of IDO price guarantee on RazrFi i.e. 24 hour-refund option called Opti-return.

Introducing the 24-Hour Optional Refund Policy- Opti-Return:

At RazrFi, we understand the importance of securing the community’s funds. That’s why we are introducing the 24-Hour Optional Refund Policy. This policy offers users the option to claim 100% refund of their funds within 24 hours from the listing time, regardless of the token price.

Benefits for Projects:

  • Powerful tool to attract investors, even during challenging times.
  • By offering a refund option, projects demonstrate their commitment to community satisfaction, which can lead to long-term relationships and potential future investments.
  • This policy enhances the project’s reputation and fosters a supportive community, ultimately contributing to its growth and success.

Benefits for Investors:

  • In an unpredictable market, investors can exit their positions within the first 24 hours if they deem it necessary, effectively minimizing potential losses.
  • This flexibility allows investors to participate with greater peace of mind.
  • The policy ensures that investors can confidently engage in IDOs, knowing they have an exit strategy should market conditions change significantly.

How this works?

  1. During the first 24 hours, the user will have an option to refund the tokens claimed/transferred to his wallet.
  2. Users could claim a 100% refund during the 24 hours refund-period. RazrFi will share details about the same before listing.
  3. If the user moves the token from his wallet or does not opt for a refund, it will be deemed that the user is interested to claim the entire vesting. In this case, RazrFi will process the vesting as per the vesting schedule.
  4. Post completion of 24 hours, RazrFi will process refunds to the users who opted for a refund.

Transfer of the funds to the Project

Post completion 24 hours period, RazrFi will transfer the funds to the project net of refunds and other deductions.

FAQ — 24-Hour Optional Refund Policy

Q1: What is the 24-Hour Optional Refund Policy?

A1: The 24-Hour Optional Refund Policy is a new variant of the IDO Price Guarantee offered on RazrFi. It provides users with the option to claim a full refund of their funds within 24 hours from the listing time, irrespective of token performance.

Q2: Why is this refund policy important?

A2: This refund policy is important because it offers investors an additional level of security and flexibility in bear market conditions. It aims to instill confidence by allowing investors to exit their positions within the first 24 hours from listing, if they feel the need to do so.

Q3: How does the 24-Hour Optional Refund Policy benefit projects?

A3: The 24-Hour Optional Refund Policy benefits projects by attracting more investors to participate in IDOs, even during bear market conditions. By demonstrating a commitment to investor satisfaction and providing an exit strategy, projects can build trust, enhance their reputation, and potentially gain increased community support.

Q4: What are the benefits of the 24-Hour Optional Refund Policy for investors?

A4: The 24-Hour Optional Refund Policy offers several benefits for investors. Firstly, it reduces their risk exposure by allowing them to exit their positions within 24 hours if market circumstances change significantly. This flexibility enables investors to make informed decisions and adapt their strategies without the fear of substantial losses.

Q5: Can investors claim a refund after the 24-hour period?

A5: No, the 24-Hour Optional Refund Policy strictly applies to refund requests made within the first 24 hours of the investment. Once the 24-hour period has elapsed, investors will not be eligible for a refund under this policy.

Q6: Are there any fees or penalties associated with claiming a refund?

A6: No, there are no additional fees or penalties associated with claiming a refund within the 24-hour window except for the gas-fees associated with transfers, if any. Investors will receive a full refund of their invested funds without any deductions.

Q7: How can investors claim a refund under the 24-Hour Optional Refund Policy?

A7: To claim a refund, investors need to follow the designated process outlined by RazrFi. RazrFi will share details about the process before listing of the respective project.

Q8: Does the 24-Hour Optional Refund Policy apply to all projects launching on RazrFi?

A8: The 24-Hour Optional Refund Policy will be applicable to specific projects as per the agreement made by them. RazrFi will label these projects as opti-refund.

Please note that the answers provided in this FAQ are based on the information available at the time of writing and are subject to change. It is recommended to refer to RazrFi’s official documentation and announcements for the most accurate and up-to-date details regarding the 24-Hour Optional Refund Policy.

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RazrFi

SolRazr is the first decentralised developer ecosystem for Solana, offering a launchpad, an accelerator and developer tools.