Every dollar
onchain.

You get 100% back, automatically. If a project doesn't hit its funding goal by the deadline, the escrow contract returns all USDC to every funder. No admin approval needed — it's enforced by the smart contract.

No. Every project has a monthly spending cap set at launch and enforced by the treasury contract. Projects can only withdraw up to their monthly allowance, giving funders visibility into how funds are used over time.

When a project launches, it defines a monthly budget cap that gets locked into the treasury contract. This cap is immutable — it cannot be changed after deployment. Each month, the project can withdraw up to this cap and no more. Any unused allowance does not roll over. This gives funders confidence that a project can't drain its treasury ahead of schedule, and it creates a natural accountability rhythm where spending is visible and predictable onchain.

Project tokens are locked in a vesting contract and released in stages as milestones are completed. The weighting is back-loaded — over half of all tokens require the final milestone to unlock, keeping teams accountable through the entire lifecycle.

Instead of simple token-weighted voting, Lumena uses prediction markets where participants put real capital at stake. If the market prices a project's token below a defined threshold (TWAP drops below 3% over ~30 days), it signals that participants believe the project is underperforming. This can trigger governance actions such as pausing treasury withdrawals, requiring milestone reviews, or ultimately winding down the project and returning remaining funds to token holders. It's a market-driven accountability mechanism that replaces subjective committee decisions with skin-in-the-game signaling.

Lumena takes a 3% platform fee only on successful raises. There's a one-time 200 XLM launch cost to create a project. Funders pay zero fees, and failed raises cost nothing.