> For the complete documentation index, see [llms.txt](https://docs.bscs.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.bscs.finance/defi-1/ido-rules/shielded.md).

# Shielded

### Shielded IDO Projects

<figure><img src="/files/pVuTKmSOLhKIujo2ek93" alt=""><figcaption></figcaption></figure>

### **Vanguard Rule Details**

#### **⭐️** Fund Distribution

* **Funds are released in batches** aligned with the project’s vesting schedule, beginning 48 hours after listing, and the subsequent transfers will follow the project's IDO token vesting schedule.
* **BSCS retains reserves** to cover refunds if projects underperform in case of rug pools or any other critical failure caused directly or indirectly.

#### **⭐️** Price Maintenance Criteria

* **At listing**: Token price must be 25%+ above IDO price for 24 consecutive hours.
* **Ongoing vestings**: Token price must stay above IDO price for 48 consecutive hours at vesting tim.
* **Non-compliance** triggers refunds for affected batches.

#### **⭐️** Refund Mechanism

* Available to all tiers if price conditions fail.
* **Super Diamond Exclusive**: 12-hour refund option post-TGE, regardless of price.


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