> For the complete documentation index, see [llms.txt](https://nepri.gitbook.io/neprifinance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://nepri.gitbook.io/neprifinance/nepri-eto/mirror-flip.md).

# MIRROR FLIP

The money-backed state of Enterprise Tokens issued under the ETO framework makes it possible to profit on an Enterprise Token even if it drops in price.

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This is possible by buying Enterprise Tokens below the price floor (buyback value) and then claiming a buyback for a risk-free profit.
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A mirror flip is created: the profits generated from buying an Enterprise Token below the buyback value mirror the effect of selling a token above the ETO price. 

For example, buying a token for 10% below the price floor and then claiming a buyback generates profits, as does selling a token for 10% above ETO price. 

Only ETO participants have the ability to claim a buyback; the value of this privilege is increased by the opportunity to mirror flip. Though, to ensure a wide number of ETO participants get to benefit from mirror flip opportunities, the number of exchange-bought tokens a participant can claim a buyback for is capped at 4 times his/her ETO purchase. 

For example, if a person bought 5,000 tokens in the ETO, then this person can claim a buyback for up to 20,000 tokens bought on the NEPRI ETExchange. The opportunity to refund surplus tokens opens up only in the secondary buyback phase of each buyback round.