A case study of how exit position works in real life
Seller A sells 1,000 $WLFI at $1.
Both A & buyer B deposit $1,000 collateral → total $2,000 locked.
Buyer B resells position at $1.50.
Collateral remains locked at $2,000.
Buyer C buys B’s position for $1,500.
User B exits with $1,500 profit.
On the TGE settlement date, seller A must deliver $WLFI to user C.
If seller A fails to settle, user C receives collateral from both A and B, totaling $2,000 excluding platform fee.
Last updated 5 months ago