The sale Terms & Conditions, in plain English
What the legal terms actually mean — a guide, not a substitute
The auction cleared at $4.20, so price guarantee redeems at 85%.
The Token Sale Terms & Conditions are the binding legal agreement for your purchase. This article translates the key terms — but the T&Cs themselves control if anything here differs. Read them before bidding.
Who you're contracting with
Your purchase agreement is with Ethos Token Ltd, a British Virgin Islands company and subsidiary of the Ethos Foundation (Cayman Islands). That entity conducts the sale and is your counterparty for the price guarantee.
The defined terms that matter
- Original Purchase Price — the uniform clearing price you paid in the auction. Every guarantee calculation runs off this number.
- Original Wallet Address — the wallet you purchased with. The guarantee is tied to it: keep your tokens and vouches there.
- Guarantee Period — the 30 days after TGE. Vouching your tokens during this window is what activates the repurchase right.
- Repurchase Period — from day 31 through the first anniversary of the end of the Guarantee Period. This is your ~12-month window to redeem.
- Repurchase Price — 85% of your Original Purchase Price, or 90% if your Original Purchase Price was equal to or greater than $7.50.
What the repurchase right requires
- Your tokens vouched during the Guarantee Period and continuously since — unvouching forfeits the right permanently, with no grace period
- Tokens lost to slashing are removed from the guarantee
- You still control your Original Wallet Address
- Identity verification (KYC/AML) at redemption
How to exercise it
Email redemptions@ethos-foundation.org within the Repurchase Period. Settlement is in USDC and may take up to 30 days from approval. Partial redemptions are allowed — the unredeemed portion keeps its guarantee.
What the T&Cs don't promise
No price predictions, no returns, no listing guarantees. The guarantee is a repurchase right under specific conditions — not insurance against every outcome. If you're unsure about any term, ask us before you bid, not after.
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Eligibility by country, US participation, and entity accounts
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