When the market price drops below the value an Orion is backed by, an arbitrage opens up, not something the team or the contract runs for you, but something any holder, trader, or degen can spot and act on: buy the Orion from secondary market, redeem it straight to the treasury for its real backing value, pocket the difference.
Example: Backing Floor is 0.020 ETH, redemption pays out 0.019 ETH after the 5% fee. If the Market Floor drops to 0.017 ETH, you can buy there and redeem for 0.019, a 0.002 ETH gain before gas. That opportunity exists any time the market price trades below backing price.
And it compounds: every redemption removes an Orion from circulation, so the same treasury reserves now sit behind fewer Orions, backing per Orion rises.