True. But the simplest explanation is that the resort where points were deposited is where rooms are offered to II. If I deposit 200 SSR points for a trade, they make 200 points worth of SSR rooms available to others via II.I don’t think we can determine whether Disney is using ROFR points to book the villas they offer for exchange.
Specific to my prior post, the point I was making was that DVC can't simply conjure up availability. If all of the BLT studios are booked by members for through December 2022, it doesn't matter how many BLT points they ROFR in June '22 because the rooms are already gone. Those points certainly have value further down the road. But it's not immediate and/or not for the resorts that cash guests would most be looking for.