⁉️FAQ

Can I exit a pre-market position before the token is launched?

Yes, if you're the Buyer in a trade, you can list your position for resale on Whales Market before the token generation event (TGE).

What happens to my collateral if I resell the position?

Once the resale is completed and the new Buyer locks their collateral, your original collateral is returned to you. You also keep any profit made from the resale.

Is there a fee for reselling my position?I

Yes. A 1% fee is charged on the resale amount when a Buyer resells their position before TGE

What fees are charged at settlement?

At settlement, the final Buyer and the original Seller each pay a 2.5% fee based on the value of the trade. This is deducted from their respective collateral.