Whales Market $WHALES

$WHALES Market allows users to trade token allocations before TGE through its Pre-Market, with collateral and settlement rules governing how these transactions are completed.

I explored the REYA market, opened the Resell section, and reviewed the Resell Position documentation and settlement rules to understand how buyers can exit positions before settlement.

I like that Resell gives buyers another option instead of having to wait until settlement. However, I noticed a potential risk: according to the documentation, if a token's liquidity pool is never created and trading is cancelled under the specified circumstances, a buyer who purchased a resold position could receive less than they paid.

The documentation illustrates this with a buyer paying $900 but receiving only $500 back, resulting in a $400 loss.

My suggestion is to display a clear warning before buyers confirm a resell purchase, explaining this cancellation scenario and the potential financial loss. This would help users understand the risks before committing their funds.

Overall, I appreciate how Whales Market provides more flexibility for trading token allocations before launch. The Resell feature is a useful addition, and making its risks clearer could make the experience even better for users.

Thanks to the Whales Market team for building the platform and giving users more ways to participate in pre-market trading.