Unich
🌐 English
🌐 English
  • WELCOME TO UNICH
    • 🏆What is Unich?
    • 🌐Unich Introduction
      • Opportunities in Web2 and Unich's Solutions
      • Web3 and the Future of Decentralization
      • OTC Market Evolution and Unich
    • 🪙Unich Tokenomics
    • 🤝Contributor Program
      • Unich Referral Program (for Individual /Trader)
      • Unich Affiliate Program (for Community/KOLs)
      • Master Trading Program
      • Staking Program
    • 🔗Official Links
  • FREEDOM POINT
    • 📚Introducing Freedom Point
    • 💡Ways to Earn Freedom Point
    • ⚙️Conversion mechanism
    • 📌FD Point Rules
  • Pre-Market OTC
    • 🌟Introduction
    • 🛗P2P Trading
    • 🗳️Trading Terms
    • 📃Bid Order
    • 💎Cashout Order
    • 💸Settlement Rules
    • ⚖️Platform Fee
    • 🖥️User Guide
    • ✍️Listing Regulations
    • ❓F.A.Qs
  • Pre-Order OTC
    • 🌟Introduction
    • 🛗How to Trade
      • Trading Time
      • Settlement Time
  • 💸Example and Concepts
  • 💎Cashout Order
  • 🖥️User Guide
  • ⚖️Platform Fees
  • ❓F.A.Qs
  • Point-Market OTC
    • 🌟Introduction
    • 🛗P2P Trading
    • 🗳️Trading Terms
    • 📃Bid Order
    • 💎Cashout Order
    • 💸Settlement Rules
    • ⚖️Platform Fee
    • ✍️Listing Regulations
    • ❓F.A.Qs
  • Options OTC-Market
    • 🌟Introduction
  • WALLET
    • 🌟Introducing Unich OTC Wallet
    • 🔑Unich Web3 Wallet
    • 🧡OTC Trading Platform
    • ⚡Dapp Browser
    • 🕹️Social Quest
    • 💼Swap
    • 🌉Bridge
    • 📞Customer Support and Community Engagement
    • 🔒Security Measures
    • 📖Conclusion
  • Market Maker
    • 💦Market Maker Participation
    • 💧Incentive Program
  • LEGAL
    • 📙Privacy Policy
    • 📙Terms and Conditions
Powered by GitBook
On this page
  • Trading Time
  • Settlement Time

Was this helpful?

Example and Concepts

To better understand Unich Pre-Order OTC, let's examine a trade involving the $UN token between Bob and Alice.

PreviousSettlement TimeNextCashout Order

Last updated 9 days ago

Was this helpful?

Trading Time

During the Trading Time of Session 1, Bob believes the price of $UN will rise in the coming hours and places a buy order for 100 $UN tokens (at a UN/USDC rate of 1).

Bob's Trade Details:

  • Order Type: Buy

  • Token Amount: 100 $UN

  • Price: 1 USDC

  • Trading Volume: 100 x 1 = 100 USDC

Collateral required from Bob to open a buy order: 100 x 5% = 5 USDC (Unich Pre-Order OTC requires only 5% of the trade volume as collateral).

Conversely, Alice believes the price of $UN will fall and decides to act as a seller, matching Bob's buy order.

Alice's Trade Details:

  • Order Type: Sell

  • Token Amount: 100 $UN

  • Price: 1 USDC

  • Trading Volume: 100 x 1= 100 USDC

Collateral required from Alice to fulfill Bob’s buy order: 100 x 5% = 5 USDC.

Settlement Time

Bob and Alice wait until 14:00 to settle the trade. (As their order was matched during Session 1, so the Settlement Time will be at 14:00 - 14:30 UTC).

The price of $UN at the start of the Settlement Time determines the trade outcome.

Price fluctuations before this point are irrelevant, so Bob and Alice do not face liquidation risks from short-term market volatility.

  • Case 1: $0.95 < $UN < $1.05

%ROI for both parties will ranges between: -100% < %ROI < +100%

Since Bob and Alice matched at $UN = 1 USDC.

Bob (Buyer) profits if $1 < $UN < $1.05 (price increases). Alice (Seller) profits if $0.95 < $UN < $1 (price decreases).

Both have 30 minutes to settle.

Bob sends the remaining 95 USDC and receives 100 $UN.

Alice sends 100 $UN, recovers her 5 USDC collateral, and receives Bob's 100 USDC payment.

  • Case 2: $UN < $0.95

Bob's %ROI will be in the range: < -100%

Alice's %ROI will be in the range: > +100%

If Bob settles, he loses more than his 5 USDC collateral, and Alice receives the full %ROI (> +100%).

If Bob does not settle, he loses only his 5 USDC collateral, which is transferred to Alice, resulting in Alice receiving a %ROI = 100%.

  • Case 3: $UN > $1.05

Bob's %ROI will display in the range: > +100%

Alice's %ROI will display in the range: < -100% If Alice settles, sheloses more than her 5 USDC collateral, and Bob receives the full %ROI (> +100%). If Alice does not settle, she loses only her 5 USDC collateral, which is transferred to Bob, resulting in Bob receiving a %ROI = 100%.

💸