say that DYCO holders “took most of the risk” when they’re covered to the point of only being able to ‘suffer’ a -20% downside?
As far as I understand, if the price of ORN were to dump below 0,08$ (from their initial price of 0,1$) they had the possibility to get a refund for their ORN at a fixed price of 0,08$ since the USDC used to make the sale was also locked for 16 months.
Details here:
https://learn.daomaker.com/dyco/orion
Price talk is for the trading group, please: https://t.me/ORNtraders
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