About Position

What happens if there is only one side pool? No one enters an opposing position?

There is a chance that no one enters an opposing position, especially at the start of the project. Here is what will happen:

If one-side pool, then that side loses, the losing funds will be sent to the treasury.

If one-side pool, then that side wins, users will get back the amount they deposit after fee (2.2%).

For example, User A enters a DOWN position and no one enters a UP position. User A loses and all the losing fund from user A is sent to treasury.

What happens if the Locked Price and Closed Price are the exact same?

In the very rare occurrence that the Locked Price is exactly the same as the Closed Price, no one wins, and all funds entered into positions will be sent to the treasury.

Can I change or remove my position?

No, no, no and never! Once you enter a position, you can NOT change anything as it's locked in. Please make sure you predict the RIGHT direction before confirming.

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