How it works
- A range above the price holds only tokens and sells them as buyers push the price up through it. That is a take profit that also earns fees.
- A range below the price holds only the quote asset and buys as the price falls through it.
- A range around the price takes both and earns a share of every trade while the price stays inside.
- Leaving is optional. Set a position to leave and, once the price is out on that side, anyone can finalize it; it is paid straight to your wallet, less a small tip to whoever sent the transaction.
- A stop loss cannot be a range, because liquidity below the price buys on the way down. It is a sell order recorded on the desk: your tokens stay in your wallet, and once the price is through your trigger the desk takes them and sells, never for less than the minimum you set.
