I have an interesting idea to share with you early this morning. The rule of the Poly Market's FDV market is always based on ET. “One day after listing” refers to 4:00 PM ET on the day following the listing. The settlement standard for this market is the most liquid price information source available. - The reference point for the date change in ET time is 13:00 PM KST (Korea Standard Time). - Edge's ad claims began around 11:00 AM, and although the official pool hadn't been created yet, active trading was possible before 13:00. - So let's think about it. Around 12:00 PM on March 31st KST, the judgment is based on the FDV at 05:00 AM on April 1st KST. At this time, the Bybit spot with the highest trading volume is around 650 million, and the Edge spot is around 605 million. - However, since the official CEX is 21:30 on March 31st KST, everyone is mistakenly assuming the 05:00 AM KST on April 2nd is the standard. - Edge buyback started around dawn on April 2nd KST. I started it after seeing the news; the price FDV at that time was 630 million. - Now let's think about it. If the buyback starts, the probability of a 700 million "yes" will gradually increase, right? So far, things went well. - But my scenario is... If it barely hit 700m and the 700m "yes" votes came out at 100, it would be "yes" based on the 4.2 KST standard, but "no" based on the 4.1 KST standard. Anticipating that a dispute would definitely arise, I thought the risk-reward ratio would be good if I bought the "no" votes at $0.1~$2. Loss 100% or profit 5000%~100000% - The ambiguous part here was that while the free transfer of tokens was now possible, it was unclear how to interpret the liquidity criteria; I approached it with this level of risk. - In conclusion, it didn't hit 700m, so I just stayed up all night.