> ## Documentation Index
> Fetch the complete documentation index at: https://docs.star.fun/llms.txt
> Use this file to discover all available pages before exploring further.

# Fundraising

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Founders can raise USDC through a public token sale.

### How the raise works

Everyone can deposit during the sale window. If demand is higher than the final accepted raise amount, the extra is refunded **pro rata** (in proportion to each person's deposit).

Fundraises run for **24 hours** and start immediately after the winner is selected in the curation market.

Founders set a fixed **minimum target**.

If the minimum is not met, participants are refunded.

Funds are held safely until launch, then participants can claim their tokens.

By default, **20% of raised USDC** are used for liquidity (trading pool setup), paired with an equal amount of project tokens. The remaining launch allocation goes to the DAO treasury.

### Priority allocation and investor vesting

Investors choose a vesting tier when they deposit:

* **None (Tier 0):** immediate unlock at TGE
* **Tier 1-6:** 2, 4, 6, 8, 10, or 12 week lockups

If a raise is oversubscribed, allocation is filled by tier first (longer lockup tiers first). If a tier is only partly filled, people in that same tier are allocated **pro rata**.

This gives higher priority to longer-term commitments, while keeping allocation fair within each tier.