Once you commit funds, they're held in on-chain escrow until the raise closes.
When a raise closes, the SPC (Segregated Portfolio Company) is set up and the necessary legal documents are prepared before your investment position is activated.
Your vesting contract is created when the round closes but remains locked until legal setup is complete, so there's a short gap between the round closing and your investment becoming active.
Token unlocks follow the vesting schedule defined for the raise, including its cliff, total duration, and monthly unlock rate. Exact vesting terms are shown before you invest.
Important: Tokens and vesting positions are subject to a 12-month lock-up period.
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