> For the complete documentation index, see [llms.txt](https://docs.holoclear.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.holoclear.xyz/presale/what-is-pholo.md).

# What is pHOLO

HOLOCLEAR ran a three stage presale prior to full launch. Early buyers had the opportunity to invest in the project prior to launch and buy pHOLO. 

pHOLO is the presale token for the HOLOCLEAR project. Anyone who purchased prior to launch will have received this token. It can then be redeemed for HOLOYIELD on of launch which can then be withdrawn to $HOLO once unvested. 

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