Description
Perena's governance token launch triggers FDV thresholds: if, one day after launch (4:00 PM ET on the day after launch), the Fully Diluted Valuation—computed as total supply multiplied by price—exceeds $100M, $200M, $300M, $400M, $500M, or $600M, respective outcomes resolve to Yes. If the token is not launched by December 31, 2027, 11:59 PM ET, all markets resolve to No. Resolution uses the most liquid price source available for the FDV calculation.
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Rules
This market will resolve to "Yes" if the Fully Diluted Valuation of Perena's governance token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to "No." The token must be actively, publicly transferable and tradable to be considered a launch. The FDV will be determined using the total token supply multiplied by the token price. "1 day after launch" is defined as 4:00 PM ET on the calendar day following launch. The resolution source for this market is the most liquid price source available. If Perena doesn't launch a token by December 31, 2027, 11:59 PM ET, this market will resolve to "No".