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How do sales work on Legion?

Written by Tim

How do sales on Legion work? Is it first-come-first-serve?

Legion operates on merit-based community access. Sales are not first-come-first-serve, which means bots cannot snipe opportunities.

When a sale launches, eligible users can submit applications based on their jurisdiction. Each project determines which jurisdictions are excluded.

To apply, you deposit the amount you want to invest (for example, 1,000 USDC) and sign the sale agreement. This deposit is what registers your application — you can deposit from an external wallet or from the non-custodial embedded wallets on your 'Wallet' page.

Once you have submitted your application, we are unable to make any changes. All application submissions are final.

If you withdraw your application, you will not be able to submit again.

After applications close, projects review them and decide each participant's allocation. Projects set their own review deadline, typically at least 48 hours after applications open. Your outcome will be one of the following:

  • Accepted in full — your deposited funds are used for your allocation automatically; there is nothing more to do until you claim your tokens.

  • Accepted for less than you deposited — you reclaim the excess, which is the difference between the amount you deposited and your accepted allocation.

  • Not accepted — you reclaim your full deposit.

For liquid token sales, you can claim your tokens to the same wallet address you used to participate. For pre-liquid token sales, you sign a SAFT/TPA with the team when you deposit; the team withdraws the raised USDC to their treasury, and at the future TGE they deposit tokens to the smart contract, which you can then claim to your participating wallet address.

I applied for a Sale. What's next?

When your application shows "In Review" status, it means your deposit is in and the project is still evaluating your application.

Projects independently review applications and select participants. Since Legion doesn't make these decisions, we cannot explain why applications are rejected.

When you deposit, make sure you have:

  • ETH for gas fees — without ETH, you cannot complete the transaction.

  • The full USDC amount you want to deposit (for example, to deposit 2,000 USDC you need at least 2,000 USDC, plus ETH for gas).

Can I request a refund?

Refund policies on Legion are designed to give users a clear understanding of their rights and limitations.

Refund eligibility: Refunds are only available for a 14-day period following the conclusion of a token sale. After this window, refunds cannot be processed under any circumstances.

How to check refund eligibility:

  1. Log in to your Legion account.

  2. Navigate to the specific project's page associated with the token sale.

  3. Open the View Details section for that particular sale.

  4. Look for the "Refund" option. If the "Refund" button is visible, the sale is still within the 14-day refund window and you are eligible to request a refund. If there is no "Refund" button, the 14-day window has expired and refunds are no longer available.

Please note that once a refund is processed, or an application to a pre-sale is canceled, some actions cannot be undone. You cannot re-apply to a pre-sale after canceling your application and receiving a refund — this is clearly communicated during the cancellation process.

Important: Refund requests must be initiated within the 14-day window. Regular cancellation of applications may also impact your Legion Score and acceptance for future sales, so it is advisable to make participation decisions early. For further assistance or clarification, contact Legion Support.

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