# TGE Status Summary
Primary details about the TGE and Mainnet launch.
## What is TGE?
A **Token Generation Event (TGE)** is the moment when a crypto project officially mints/creates and distributes its tokens for the first time. It marks the transition from development and testing into a live ecosystem where tokens can circulate and be used.
For Wingbits, Mainnet and TGE were synonymous as we minted the token on the blockchain and opened claiming for rewards on mainnet around the same time.
## Token information
## TGE Events
### High-level details
* Phase 1: **Bonding Curve**. WINGS first became available through a bonding curve on Orca DEX around 10 minutes before scheduled launch. This step bootstrapped liquidity from real demand rather than artificially seeded markets.
* Phase 2: **Liquidity Deployment**. Once the bonding curve completed, the collected assets were used to automatically seed the main liquidity pool on Orca. A secondary pool was also planned on Raydium.
* Phase 3: **Open Market Trading**. After pools went live, trading opened on both CEX and DEX venues. Claimable rewards also became withdrawable from the dashboard to a Solana wallet.
### Important Notes
* This approach created organic price discovery, so trading opened with real demand-driven liquidity rather than assumptions.
* Pool launch timing depended on how quickly the bonding curve completed, up to a maximum of 10 minutes.
* Launch involved live coordination across several partners, and updates were shared throughout the rollout.
## Other TGE Related Events
### Token Refund - Original SkyHex Plan
{% hint style="info" %}
Refunds were processed after TGE launch and an issue was found. We reverted the refund tokens added to claimable and are re-issuing on April 23rd for those that didn't claim already.
{% endhint %}
Within 7 days of launch, refunds are being made available for claim for those who participated in the original SkyHex plan and purchased coverage hexes. These are the people who opted for a token refund at TGE and not an immediate fiat refund. Originally the payout was defined as a 12 month payout post-TGE, but it has been revised to a full one time payout.
* **Alpha participants** (online with station before November 3rd, 2023) will get 150% of hex purchase value in tokens.
* **Beta participants** (online with station on/after November 3rd, 2023) will get 110% of hex purchase value in tokens.
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