Exit on time
Last updated
Last updated
Since all the investments in OPerps tokens roll over to the next cycle automatically, unless sold, we need to be careful as to when should we place the sell order. In this section, we will see the step by step process of how to participate in just 1 cycle.
We will consider 5 minute cycle and let's say the settlement times are 09:02 AM, 09:07 AM, 09:12 AM and so on.
A user believes the market is gonna go up in the next cycle (09:02 AM to 09:07 AM) and buys LCO tokens at 09:01 AM
This order stays pending until 09:02 AM
The pending order is executed (settlement may take 5-10 seconds), and it is now visible under "Transfer to Wallet" section.
At this point, your investment in the cycle is active but your LCO tokens are still lying safely within our smart contracts. By clicking "claim", you can move the LCO tokens to your wallet. Any profit and losses will automatically be credited to your wallet.
Once you claim the tokens, you can see them under LCO balance
During this cycle time, you can track your profit or loss, right under the price chart. In the following image, LCO tokens have a profit of 20.96% at the moment.
Since the investment and the profit will automatically be rolled over to the next cycle at 09:07 AM, if not sold, the user should place a sell order before 09:07 AM. The original investment and the profit will all be released in the next settlement at 09:07 AM
The sell order gets executed at 09:07 AM and it will again be visible under "Transfer to Wallet" section, where you can click "claim" and get back your USDC with earned profits or losses.
