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Crypto
When a market settles, the winning option gets the sum of the amount at stake in the other two options.
- For example, when a market settles, if the
Going Upoption wins, then: Reward pool of 'Going Up' option = amount at stake in 'Staying Flat' option + amount at stake in 'Going Down' option - The Reward Pool of the winning option is divided between the people who predicted in the winning option according to their individual
Pool Sharepercentages. For example, if yourPool Sharepercentage is 10%, and theReward Poolconsists of 1,000 PLOT, then your reward will be:Reward Pool * Pool Share = 1,000 PLOT * 10% = 100 PLOT - Finally, your
Pool Sharepercentage is calculated based on the number of positions you hold in an option, and the number of positions held by everyone else in the same option. - For example, if, while predicting in the
Going Upoption, you buy 35 positions. And let's say that there are 9 other people who bought the same number of positions as you in theGoing Upoption.=> total positions in theGoing Upoption = 350=> yourPool Sharepercentage in theGoing Upoption = (your positions in the 'Going Up' option / sum of everyone's positions in the 'Going Up' option) x 100 = (35 / 350) x 100 = 10%
Last modified 1yr ago