But we're basing it right now on the price of OMG multiplied to the quotient of the projected marketcap to the market cap today.
Definition of refinement. 1  1 : the action or process of refining. 2  2 : the quality or state of being refined : cultivation. 3  3a : a refined feature or methodb : a highly refined distinction : subtletyc : a contrivance or device intended to improve or perfect.
verb (used with object), refined, refining. 1. to bring to a fine or a pure state; free from impurities: to refine metal, sugar, or petroleum. 2. to purify from what is coarse, vulgar, or debasing; make elegant or cultured. 3. to bring to a finer state or form by purifying.