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.
See also competence, def 1. 2 a measure of the strength of the active chemical components contained in an herb or herbal preparation. Standardized products ensure the consumer of receiving a dosage containing a consistent potency. Compare concentration.