StarLaunch - A Cadet's Guide
  • StarLaunch - a Cadet's Guide
  • The Basics
    • Why Solana
    • Approach
      • Vetting
      • Insurance
      • Acceleration
    • Two-Token Mechanics
      • $STARS
      • $N2H4
      • Calculating Allocations
    • Supported Wallets
    • Terminology
  • Cadet Dashboard
    • Cadet Dashboard Manual
    • Ship Overview
    • Fusion Vault
    • Sales
  • Launch Events
    • Launches
    • KYC Process
      • Restricted Countries and Provinces
      • Identity Verification
      • Wallet Address
    • Burn Window
    • Whitelist Sale
    • FCFS Sale
    • Token Launch
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  1. The Basics
  2. Approach

Insurance

StarLaunch is the first and only launchpad on Solana to offer insurance protection to its users.

In the rare event that a project doesn’t go as planned, whether due to a DeFi exploit, vaporware, or team wrongdoing, StarLaunch provides a safety net to protect IDO participants against financial loss.

Unlike traditional launchpads, at StarLaunch we don't take a fee for ourselves from partner projects. Instead, we ask them to contribute to our insurance treasury.

Project launches are covered by the insurance until the projects function as proposed and deliver their product or until three months post launch. In the event of an insurance payout, every IDO participant is refunded their allocation amount. StarLaunch users do not need to pay to benefit from the insurance program.

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Last updated 3 years ago

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