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.
Refinement is the process of making something better by making small changes, or good taste and cultural elegance. 1  An example of refinement is removing the impurities from oil so that the oil can be processed and used to provide power. An example of refinement is taking a product you designed and making many small changes so it becomes cheaper to produce and more user friendly.