LP Prediction Mechanics
(Liquidity Prediction of PRE-ETH)
Predict the LP rising or falling of the PRE-ETH pair (max 10 users at a time)
Minimum Bet = 0.02 ETH
Maximum Bet = 0.15 ETH
If you win:
You get back initial wager in tokens. 10% of your win is used to auto-buyback PRE and burn.
If you lose:
You lose your ETH. 50% is used to auto-buyback PRE and sent to the pool for winners to claim. 50% is used to auto-buyback and burn PRE tokens.
Rounds commence every 20 minutes, leaving a gap in between each for users to predict the next slot of LP changes.
Can I change or remove my position?
No. Once you enter a position, you can NOT change the direction, add to, or remove your position. It's locked in, so make sure you're 100% happy with your position direction before confirming.
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 ETH will be sent back to the user.
Ultimately, Predether will be a revenue-generating, deflationary token. Onboarding as much users to make this the leading LP Prediction protocol.
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