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

# For Funders

Why funding on Lumena is structurally different from other crypto fundraising platforms.

## Built-in protections

The most common complaint from early-stage crypto funders is that they got rugged — the team raised, disappeared, or spent the treasury without accountability. Lumena's contracts address this directly:

* **All-or-nothing escrow.** The project only receives funds if they hit their stated target. Partial raises fail and trigger full refunds.
* **Onchain transparency.** You can see exactly how much has been raised, by how many wallets, at any moment. No trusting a dashboard that could be falsified.
* **No mid-raise withdrawal.** The deployer cannot access your funds during the raise under any circumstances — only the contract logic can move money.
* **Automatic refunds.** If the raise fails, you don't need to chase the team. The contract returns your USDC.

## What Lumena cannot protect you from

Lumena's contracts protect you during the raise period. They cannot protect you from what happens after funds are released. A project could raise its target and still fail to deliver — the smart contract protections end when funds are released on a successful raise.

Before funding any raise: research the team, understand what they're building, read the project description carefully, and only contribute what you're willing to lose.

## Governance participation

As a Lumena participant you can engage in futarchy governance — you don't need to be a project founder to submit or vote on proposals. If you have conviction about how the protocol should evolve and you're willing to back it with a market position, you can participate. Good governance participation pays.

<Warning>
  **Lumena is permissionless**

  Anyone can launch a raise — including bad actors. The protocol enforces escrow and refunds but cannot vet project quality or team integrity. Always do your own research before contributing funds.
</Warning>