Handling Excess Funds Deposited Beyond Your Approved Allocation
Overview
If you have deposited more than your approved allocation amount during the token sale process, it is important to understand what happens to the excess funds and how they can be reclaimed. This article will guide you through the process, addressing common scenarios and providing clarity on the next steps.
What Happens to Excess Deposited Funds?
When you deposit more than your approved allocation, the system secures your approved amount while automatically classifying the additional funds as excess. These excess funds do not affect your approved allocation and can be reclaimed after the conclusion of the token sale.
When and How to Reclaim Excess Funds
After the token sale has officially ended, you will have the option to reclaim any excess funds. Please note:
The reclaim option will become available only after the sale concludes. Until that time, the option may remain inaccessible.
Once the sale is over, navigate to the relevant section of your account or platform interface to initiate the reclaim process.
This process ensures that you recover any amount deposited beyond your approved allocation.
Actions Required From Your End
No immediate action is required from you during the token sale apart from waiting for the sale to conclude. Once the reclaim window opens after the sale, follow the outlined steps on the platform to withdraw your excess funds.
Summary
In summary:
Excess funds beyond your approved allocation are stored and can be reclaimed after the token sale ends.
The reclaim option will be available post-sale, while the token sale is ongoing, no buttons or features for reclaiming will be accessible.
Simply wait until the sale concludes, then follow the provided instructions on the platform to reclaim your excess funds.
By understanding this process, you can rest assured that any excess funds deposited are securely handled and retrievable after the token sale.