Mechanism
How does Dynamic Position work in Whales Market?
With the new Dynamic Position feature, buyers can now exit their postiion of BUY OFFERS to Take Profit/Stop loss in the scenario where market condition shifts, even after the offers got filled.
The primary buyer will be able to claim back their initial collateral AND any profit they make from the trade once the resell offer got filled.
📤 Exit Position Mechanism
Whales Market allows Buyers to exit their pre-market positions by reselling them before the token generation event (TGE), enabling greater flexibility and liquidity.
1. Initial Trade
A Seller creates a pre-market offer to sell tokens. A Buyer fills the offer, and both parties lock collateral equal to the trade value to secure the agreement until the settlement date.
2. Resell Opportunity
Before the TGE, if the Buyer decides to exit the position—due to market shifts or strategy changes—they can list the position for resale on Whales Market.
3. Position Transfer & Collateral Flow
When a new Buyer accepts the resale offer:
The new Buyer pays the resale amount directly to the original Buyer.
The original Buyer's locked collateral is transferred to the new Buyer as security for settlement.
The original Buyer exits the position with their capital returned and any realized profit from the resale.
4. Settlement Enforcement
On the settlement date, the Seller must deliver the agreed tokens to the current Buyer (the holder of the position at the time of settlement). If the Seller fails to settle, their collateral is forfeited and claimed by the current Buyer—who also retains the transferred collateral—ensuring full compensation.
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