Lugani.io offers a range of backing opportunities that suit may your goals, along with monthly rewards and discount rewards that can be withdrawn and / or used to back / pledge other projects. But sometimes, things may happen in life that you may need your funds, which in general could / can be a lengthy process. To address this concern, Lugani.io has developed an Buyback Guarantee solution. By contacting Lugani.io’s support team via email, backers can initiate the buyback process for their backing / pledge. However, it is important to note that backers will forfeit all unsend rewards to date and that the principal amount of the backing will be discounted based on the duration of the backing.
At Lugani.io, we take pride in providing a range of backing opportunities with no minimum terms to suit your goals. We understand the importance of having control over your backing and offer a monthly rewards that you can either back other projects with or withdraw them to your crypto account.
However, we also recognise that there may be situations where you need to exit your backing / pledge.
To address this concern, we have developed a solution for you – our Buyback Guarantee. If you wish to exit your backing, simply contact us via email [email protected] to express your intentions, and we will initiate the buyback process for your backing / pledge.
The duration of the process typically takes several working days or a few weeks, depending on the backing / pledging amount. However, it is important to note the following conditions before proceeding with an early exit:
- You will forfeit all unsend rewards to date. Since we send rewards once a month, this only applies to the rewards not send for the last month.
- All accrued, pending accrual, and unused rewards will be canceled.
- The principal amount of your backing / pledge will be discounted based on the following gradation:
- Exiting a project within 1-12 months: 40%
- Exiting a project within 13-24 months: 35%
- Exiting a project within 25-60 months: 25%
- Exiting a project after 61-120 months: 10%
- Exiting a project after 121 months: 3%
Listed below are a few key benefits of the Buyback Guarantee.
- Secured exits:
The profitable exit from the project is already determined at the start of your backing/pledge. This reduces the risk of locking backings/pledges of the project from the beginning.
- Unaffected by market conditions:
The real estate market prices can fluctuate through out the years. However, due to the Buyback Guarantee, backers have a fixed price for the period that the Backer hasn’t exercised the Buyback Guarantee on an current project.
We encourage you to calculate your backing resources accurately, but if you require any assistance with an early exit, our team is always available and happy to help at [email protected].