# Initial DEX Offerings

Initial DEX Offerings (IDOs) serve as token launch and financing tools for launch-stage Web3 projects, enabling them to issue tokens, conduct initial offerings, distribute tokens to communities, and create a secondary trading market. 

### Allocation Policy 

finceptor operates without boundaries, tier systems, or the race to be 'first-come-first-serve,' which often skews allocation distribution. [**It operates on one straightforward principle: The more $FINC you stake and the longer it remains staked, the bigger your allocation.**](#allocation-policy) This ensures that as long as you stake at least $1 worth of [**$FINC**](https://docs.finceptor.app/about/product-suite/launchpad/broken-reference) tokens, you're guaranteed an allocation in all our deals. finceptor sets itself apart from other similar Web3 financing platforms with its unique allocation policy, which guarantees a level playing field for all investors, regardless of their size. To understand how this system operates, have a look at our technical paper on [Compounded Tokenized Incentives for Initial Token Offerings.](https://app.gitbook.com/o/42ZryZHMtPAsw6TTw9rH/s/PdF74ba8CqM3TyyrQA52/~/changes/14/technical-papers/compounded-tokenized-incentives-for-initial-token-offerings)

finceptor's Refund Policy can be found [here](https://docs.finceptor.app/about/features/capital-protection).