> For the complete documentation index, see [llms.txt](https://docs.jvault.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.jvault.xyz/launchpad/info-for-projects/the-end-of-tokensale.md).

# The end of tokensale

After the sales time has come to an end, two possible states of affairs take place:

1. ### Soft cap has not been reached<br>

   <figure><img src="/files/K9ddyrn9sgUfPyhMEPlu" alt=""><figcaption><p>Example of a token that has not achieved its soft cap</p></figcaption></figure>

   \
   In this case, the creator of the tokensale using the "Complete tokensale" button (1) can request a refund of tokens allocated for sales and liquidity, and any user who participated in the sale can return the invested TONs by clicking the "Request refund" button (2).\
   The funds will be credited to the user's balance as soon as the transaction is confirmed on the blockchain. It is important to mention that [JVault ](https://jvault.xyz/stake)**does not refund** the placement fee for the sale if it fails.<br>
2. ### Soft cap has been reached

   <figure><img src="/files/spYZVg5rJ44XAKAL03bZ" alt=""><figcaption><p>An example of a sale that scored its soft cap</p></figcaption></figure>

   \
   In this case, any user can start the process of completing the sale (to trigger the addition of liquidity on DEX and make the purchased tokens available). To do so, he must click on the "Complete tokensale" button and confirm the transaction. Don't worry, it's free: the blockchain commission is fully compensated by the funds of the sales organiser. Each sale only needs to be completed once, so as soon as one user submits a transaction to complete the sale, the "Complete tokensale" button will disappear for all sale participants, replaced by an interface for branding purchased tokens:<br>

   <figure><img src="/files/F6x1hrwTy3IsLxxQDauJ" alt=""><figcaption><p>Example of an interface for token claim. 1 - selection</p></figcaption></figure>

   \
   After the sale is over, each participant can, in accordance with the vesting conditions, collect the purchased tokens using the ‘Claim’ button (2). If the button is inactive, it means that the time to unlock the tokens has not yet come.

{% hint style="info" %}
Please note that token claim for each Whitelist SBT is done in a separate action, you can select the required SBT from which the purchase was made from the dropdown list (1).
{% endhint %}

In addition, the claim of referral rewards becomes available:

<figure><img src="/files/4o1BG7INPtHSjQFunABz" alt=""><figcaption><p>Interface for claiming the cashback received from referral purchases</p></figcaption></figure>


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