Paid ETH is escrowed with two exits and no third. It becomes locked liquidity when the 20,000th paid share opens the pool, or it is returned to the wallet that paid it after 3 days if the pool never opens.
The 20,000th paid share lands. Escrow seeds the Uniswap V4 pool with $16,000 of WETH against 66,000,000 ARBINU, the position is welded, trading begins. Your ETH is now the liquidity under the market.
Three days after the first mint, the 20,000th paid share has not been reached. The refund window opens and every paid ETH is claimable in full. The dog goes back in the crate; you get your money.
Escrow holds the full paid amount as WETH. It leaves along one of those two arrows and by no other route while the pool is pending.
If Condition B triggers, this is where a refund is claimed. The control activates only when the window opens; otherwise the pool opened and there is nothing to claim.
The contract records what it holds for each address.
It confirms the pool never opened and that 3 days have elapsed since the first mint.
The full escrowed amount is returned in one call, paid to the wallet that sent it.
Measured from the first mint. If the 20,000th paid share is not reached by then, refunds open automatically.
The full paid ETH value. Escrow holds 100% as WETH until it resolves; nothing is withheld.
No admin route can sweep escrow. It resolves to the pool or to the payers; the contract has no other destination for it.