Settlement Time

The Settlement Time is when you and your counterparty must complete the transactions from each session.

Only the token price at the start of Settlement Time determines your profit, represented as %ROI for each matched order.

%ROI = (%Price Change/5%) x 100% Specifically:

%Price Change = (Settlement Price - Match Price)/Match Price x 100%

Settlement Price: Token price at the start of Settlement Time.

Match Price: Token price when the buy and sell orders are matched.

If you are in profit

• Case 1: 0% < %ROI < 100%

Send the remaining 95% of the trade volume (if a buyer) or the committed tokens (if a seller) to finalize the trade.

If you fail to settle, your entire collateral is transferred to the counterparty, and vice versa. If both parties fail to settle, each party’s collateral is refunded.

• Case 2: %ROI > +100%

Your profit depends on whether the counterparty settles.

If they settle, they lose more than their initial collateral, and you receive the full %ROI (> +100%).

If they do not settle, they lose only their initial collateral, and you receive a %ROI = 100%.

If you are at a loss

• Case 1: -100% < %ROI < 0%

Send the remaining 95% of the trade volume (if a buyer) or the committed tokens (if a seller) to finalize the trade.

If you fail to settle, your entire collateral is transferred to the counterparty, and the opposite happens as well.

If both parties fail to settle, each party’s collateral is refunded.

• Case 2: %ROI < -100%

Your loss depends on whether you settle.

If you settle, you lose more than their initial collateral, and your counterparty receives the full %ROI (> +100%).

If you do not settle, you lose only your initial collateral, and your counterparty receives a %ROI = 100%.