๐๏ธCrypto
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 Up
option wins, then: Reward pool of 'Going Up' option = amount at stake in 'Staying Flat' option + amount at stake in 'Going Down' optionThe Reward Pool of the winning option is divided between the people who predicted in the winning option according to their individual
Pool Share
percentages. For example, if yourPool Share
percentage is 10%, and theReward Pool
consists of 1,000 PLOT, then your reward will be:Reward Pool * Pool Shareโ = 1,000 PLOT * 10% = 100 PLOT
Finally, your
Pool Share
percentage 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 Up
option, 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 Up
option.=> total positions in the
Going Up
option = 350=> your
Pool Share
percentage in theGoing Up
option = (your positions in the 'Going Up' option / sum of everyone's positions in the 'Going Up' option) x 100 = (35 / 350) x 100 = 10%
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