Syncera Shield

Syncera's insurance feature is another step to give our ecosystem a greater chance of adoption while we attract high-quality, long-term-thinking projects.

Recently, there has been a substantial resurgence in the cryptocurrency market, and some people believe that a "crypto bull run" is either happening or on the horizon. The future is uncertain, but we maintain a positive outlook and believe that cryptocurrency will persist. Our aim is to contribute to this future through our efforts and continue building!

Investing in cryptocurrency carries risks, but we want to ensure that our community feels secure, particularly during challenging market conditions. We are pleased to announce the inclusion of Syncera Shield, which comes with a refund policy, in our pipeline process, in addition to our upcoming governance program. We want to improve our due diligence process and provide additional protection.

Shielding our community

If the trading price of a project falls below the initial IDO price, those who participated in the IDO and still have their received tokens will receive a (partial) refund based on a few factors.

Unvested Launch with Syncera Shield: In the event that the price falls below the IDO price within a week and you have not transferred any of the tokens you received to another wallet, you may be eligible for a refund of up to 90% of your initial contribution. A refund process will be provided, allowing you to exchange the received tokens for your original contribution token.

Vested Launch with Syncera Shield: If the trading price of a project falls below the IDO price either before the first unlock (after TGE) or within two months, whichever comes first, you may be entitled to a partial refund of your contribution if you have not transferred any of your received tokens. The refund amount depends on the vesting schedule of the project and is illustrated below. Example: Let's say a project has a 25% TGE unlock, with 15% of the remaining tokens vesting each month. On TGE, 25% of the tokens are distributed. However, after one month, the trading price falls below the IDO price, and the second unlock is scheduled. In this scenario, you will receive a refund of 75% of your contribution, and no additional tokens will be distributed, but only if you haven't transferred the tokens you received earlier from your wallet.

Projects that benefit from Syncera Shield protection can be identified by the Shield badge displayed on the project page and the homepage.

Refunds are only available to users who have not transferred their tokens, as selling and buying them back later disqualifies them from receiving a refund.