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

# Token Sale Models

> Understand RugFreePump's Token Unlocked (TU) and Token Locked (TL) sale models, their claiming conditions, and how to choose the right model.

RugFreePump supports two token sale models: **Token Unlocked (TU)** and **Token Locked (TL)**. Both use the same high-conviction bonding curve fundraising mechanism but differ in **when purchased tokens become available to claim after successful liquidity migration**.

Creators select a model when launching a token, while buyers can evaluate the selected model before contributing SOL. The selection is recorded on-chain and cannot be changed after the sale is created.

## Understanding the Models

During an active bonding curve sale, buyers contribute SOL in exchange for a purchased token allocation recorded on-chain. **Purchased tokens are not immediately transferred to buyers' wallets.** Instead, they remain in the protocol-controlled token account until the applicable claiming conditions are met.

Once the sale reaches its fundraising threshold and liquidity migration to Raydium CPMM succeeds, buyers can claim tokens according to the selected model:

* **Token Unlocked (TU):** The entire purchased token allocation becomes claimable immediately after successful migration.
* **Token Locked (TL):** The purchased token allocation becomes claimable gradually according to a predefined unlock schedule.

Both models follow the same bonding curve pricing, fundraising requirements, protocol fees, and sale expiration and withdrawal rules. The difference is how purchased tokens become available after liquidity migration.

## Token Unlocked (TU)

**Token Unlocked (TU)** allows buyers to claim **100% of their purchased token allocation** as soon as liquidity migration is successfully completed.

There is no gradual unlock schedule or additional waiting period after migration. Buyers initiate a claiming transaction to receive their purchased tokens in their wallets.

TU makes tokens fully available after migration, allowing buyers to hold, transfer, or trade their claimed tokens without protocol-imposed unlock restrictions.

## Token Locked (TL)

**Token Locked (TL)** makes purchased tokens available gradually after successful liquidity migration, according to the unlock settings recorded when the sale was created.

### Current Token Unlock Settings

The following settings apply to newly created TL sales:

| Setting | Current Value |
| - | - |
| Token Unlock Amount | **10.00%** |
| Token Unlock Interval | **30 minutes** |
| Unlock Schedule Begins | **After successful liquidity migration** |
| Full Token Availability | **5 hours after migration** |

An additional **10% of each buyer's purchased allocation** becomes claimable every 30 minutes, starting 30 minutes after successful liquidity migration. The entire allocation becomes available after 5 hours.

### Example: Unlocking 100,000 Purchased Tokens

Suppose a buyer purchases **100,000 tokens** in a TL sale using the current settings.

| Time After Migration | Total Unlocked | Tokens Unlocked |
| - | - | - |
| Immediately | 0% | 0 |
| 30 minutes | 10% | 10,000 |
| 1 hour | 20% | 20,000 |
| 1 hour 30 minutes | 30% | 30,000 |
| 2 hours | 40% | 40,000 |
| 2 hours 30 minutes | 50% | 50,000 |
| 3 hours | 60% | 60,000 |
| 3 hours 30 minutes | 70% | 70,000 |
| 4 hours | 80% | 80,000 |
| 4 hours 30 minutes | 90% | 90,000 |
| 5 hours | 100% | 100,000 |

The amounts shown are cumulative and include any tokens already claimed.

**Buyers do not need to claim tokens every 30 minutes.** Unclaimed unlocked tokens remain available for later claiming.

For example, a buyer who waits 2 hours 30 minutes without claiming can claim 50,000 tokens in one transaction. If they have already claimed 20,000 tokens, the remaining claimable amount at that time is 30,000 tokens.

Claiming unlocked tokens does not accelerate the release of tokens that remain locked.

### Permanent Token Unlock Settings

TL unlock settings are configured at the protocol level and recorded individually for each sale when it is created.

**Once a TL sale is created, its token unlock percentage and interval are permanent.**

RugFreePump administrators may change the settings for future TL sales, but existing sales retain their original conditions.

This document reflects the **current settings for newly created TL sales**. Buyers should review the settings associated with a specific sale, as older sales may have different token unlock terms.

## TU vs TL: Key Differences

| Feature | Token Unlocked (TU) | Token Locked (TL) |
| - | - | - |
| Token availability after migration | 100% immediately | Gradually over time |
| Additional waiting after migration | None | Based on unlock schedule |
| Partial claims | Not required | Supported as tokens unlock |
| Full allocation availability | After migration | After the full unlock period |
| Unlock settings | Not applicable | Fixed when sale is created |
| Model change after creation | Not allowed | Not allowed |

Both models require successful liquidity migration and a buyer-initiated claiming transaction. Neither model transfers purchased tokens to buyers' wallets during the active fundraising phase.

## For Token Creators

The token sale model determines how contributors access their purchased tokens after successful liquidity migration. Creators should choose the model that best fits their project's distribution approach and clearly communicate its conditions.

### Choosing a Token Sale Model

Creators select either **TU** or **TL** through the RugFreePump Create Coin interface before submitting their token creation transaction.

**The selected model is permanent once the sale is created.** An existing TU sale cannot be converted to TL, and an existing TL sale cannot be converted to TU.

For TL sales, the applicable token unlock percentage and interval are also permanently recorded at creation.

### When to Choose TU

TU may be appropriate for projects that prefer:

* Immediate availability of all purchased tokens after migration.
* No gradual distribution restrictions.
* A simple, single-claim experience for buyers.
* Full buyer control over claimed tokens from the beginning of external trading.

Creators should consider that immediate token availability also allows buyers to sell their full claimed allocations shortly after migration.

### When to Choose TL

TL may be appropriate for projects that prefer:

* Gradual distribution of purchased tokens after migration.
* A predictable, predefined token release schedule.
* Purchased allocations becoming accessible over a defined period.
* Transparent unlock conditions that contributors can evaluate before buying.

TL restricts when purchased allocations become claimable, but it does not prevent buyers from selling tokens they have already claimed.

### Creator Responsibilities

Creators should accurately explain their selected model, especially when promoting a TL sale. Buyers should understand the applicable unlock percentage, interval, and when token unlocking begins.

Neither model guarantees price stability, sustained demand, or project success. The protocol enforces the claiming conditions but does not guarantee a project's credibility or future performance.

For the complete launch process, see [Creating a Bonding Curve Sale](/user-guides/for-token-creators/creating-a-bonding-curve-sale).

## For Token Buyers

Before contributing SOL, buyers should review the selected sale model and understand when they can access their purchased tokens.

### Buying Tokens

The buying process is the same for TU and TL. Buyers purchase through the bonding curve, and the protocol records their purchased token allocations on-chain.

Tokens remain in the protocol-controlled token account during fundraising. They are not transferred to buyers' wallets immediately after purchase.

See [Buying Bonding Curve Sale Tokens](/user-guides/for-token-buyers/buying-bonding-curve-sale-tokens) for purchasing instructions.

### Claiming Purchased Tokens

Claiming becomes available only after **successful liquidity migration**, not merely when the sale reaches its fundraising threshold.

* **TU buyers** can claim their entire purchased allocation immediately after migration.
* **TL buyers** can claim the unlocked portion of their allocation as it becomes available. They may claim periodically or wait until a larger amount, including the full allocation, has unlocked.

Claims require a wallet transaction. RugFreePump does not charge an additional protocol fee for claiming, but Solana network fees and applicable token-account creation costs may apply.

For step-by-step instructions, see [Claiming Purchased Tokens](/user-guides/for-token-buyers/claiming-purchased-tokens).

### If a Sale Does Not Successfully Launch

If a sale expires without reaching its fundraising threshold, or is canceled through an authorized emergency procedure, contributors can withdraw their contributed SOL according to the protocol's withdrawal rules.

The selected TU or TL model does not change these withdrawal conditions.

See [Withdrawing Contributed SOL](/user-guides/for-token-buyers/withdrawing-contributed-sol) for details.

## Important Considerations

**Liquidity migration is required.** Reaching the fundraising threshold does not automatically make purchased tokens claimable. Migration must succeed first, and delays or exceptional recovery situations may affect availability.

**Token unlocking does not guarantee market stability.** TU permits immediate access to purchased allocations, while TL distributes availability over time. Neither prevents market volatility, selling pressure, or financial loss.

**Sale conditions are permanent.** Creators cannot change the selected model after creation. TL unlock settings are also fixed for each sale, even if protocol administrators subsequently change the defaults for new sales.

**Buyers control when to claim available tokens.** Claiming requires a transaction, but buyers are not required to claim at every TL unlock interval.

## Making an Informed Choice

RugFreePump provides two approaches to purchased token availability within the same high-conviction fundraising framework.

**TU** offers full token availability immediately after successful migration.

**TL** offers gradual token availability according to an on-chain-enforced schedule established at creation.

Creators should select the model that matches their intended distribution approach, and buyers should understand the selected conditions before contributing.

**Creators choose the model. Buyers evaluate the terms. The protocol enforces the claiming rules.**


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