# IAO info ### Donation Campaign Details * Total Amount to be Raised: 800,000,000 $MEME * Stages: The campaign is divided into 40 stages, with a goal of 20,000,000 $MEME for each stage. * Minimum Donation: Each donation must be at least 1SOL #### Fundraising Goals * Goal for Phase One: Raise 1000 SOL. * Subsequent Phases: Starting from Phase Two, each phase will aim to raise 1% more ETH than the previous phase. As the donation amount increases, the $MEME rewards for each ETH donated will gradually decrease. #### Countdown Mechanism * Donation Countdown: A 96-hour countdown will be initiated when the donation process starts. * Each new donation will add an additional 60 seconds to the countdown, up to a maximum of 96 hours. * Once the countdown ends, any remaining tokens, regardless of the donation phase, will be destroyed. * For more details, please refer to the Fomo3D prize pool section. #### Initial Liquidity * After the donation period ends, 10% of the total funds raised will be added to the initial liquidity based on the donation distribution. #### Claiming and Refund Policy * Claiming Rewards: Rewards can be claimed after the donation period ends. * Refund Policy: A 50% refund option will be available for 7 days after $MEME adds initial liquidity. Once rewards are claimed, refund requests will not be accepted, and refunded $MEME will be immediately destroyed. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://memelaunch.gitbook.io/memelaunch/tokenomics/iao-info.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.