Toto Finance is applying to the Cardano community treasury for 22 million ADA to buy tokenized copper. Based on the original logic, copper would have to rise significantly above its all-time high for the investment to break even.
In other words, holders aren’t betting on copper itself, but on copper setting a new record. The original doesn’t explain how redemption works or how positions will be managed. Based on the terms alone, the break-even point is already above the previous high.
$ADA
In other words, holders aren’t betting on copper itself, but on copper setting a new record. The original doesn’t explain how redemption works or how positions will be managed. Based on the terms alone, the break-even point is already above the previous high.
$ADA