> For the complete documentation index, see [llms.txt](https://hedgehog-protocol.gitbook.io/main/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://hedgehog-protocol.gitbook.io/main/overview/previous-rounds.md).

# Previous Rounds

Previous Round

* **Pre-seed:** Raised $1,500,000 / $15,000,000 FDV - [**read more here**](https://medium.com/hedgehog-protocol/hedgehog-protocol-secures-1-5m-to-create-modular-synthetic-blockspace-787e1be64d23)

**Vesting Details**&#x20;

* **Lock-Up Period:** Tokens are **fully locked** for **4 months** after the Token Generation Event (TGE). No transfers, sales, or usage during this time.
* **Vesting Schedule:**
  * After the 4-month lock-up, tokens **vest in equal installments every 4 months**.
  * Full vesting completes **16 months after TGE**.
