Matic or provide investors with the option to redeem locked tokens for cash at a unit price of $0.7
ChainCatcher news, Twitter user @0xSisyphus tweeted, "Matic offers many investors an option to redeem their locked Tokens for cash at a price of $0.7 when the Token price falls below this level." @0xSisyphus also inquired about how this mechanism works.
Subsequently, DeFi podcast MarketCapping host @SmallCapScience replied to the tweet and released the relevant terms: minimum purchase position of $50,000, maximum $200,000.
According to the terms and conditions, Tokens will be delivered to the purchaser after the company receives the signed page from the purchaser, specifically: 50% of the Tokens will unlock 12 months after the effective date; 25% of the Tokens will unlock 18 months after the effective date; 25% of the Tokens will unlock 24 months after the effective date. All Tokens will be delivered to the buyer within 24 months after the terms take effect.
That is, the buyer can purchase MATIC at a 14-day weighted average price, with a grant period of 2 years and a lock-up period of 1 year. In the transaction, the buyer has Token downside protection. If the Token price drops after one year, the buyer can choose to take back cash. (source link)