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0 sats \ 3 replies \ @OT 19 Jan \ on: ⚡️ All-or-Nothing crowdfunding on Bitcoin is now live Geyser_community

What happens if a project doesn't meet it's target? Are sats returned?

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0 sats \ 2 replies \ @Geyser OP 20 Jan

Correct. If project does not reach 100% within that set time, the contributor can get a full refund (minus network fees).

It's super powerful model :)

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0 sats \ 1 reply \ @OT 20 Jan

How can the contributor get a refund? Do they need to add an LNURL address or something? Or do they get a claim token?

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0 sats \ 0 replies \ @Geyser OP 22 Jan

They can claim the funds back by clicking "Claim refund" and add a lightning address or bitcoin onchain address. Then the funds are swaped back from Rootstock BTC to Lightning or Onchain.

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