Prediction F&Q

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.

Is there a time limit as to when I will have to collect my winnings?

No, you’ll be able to collect your winnings at any time after that round.

How is the payout calculated?

• Payout Ratio for UP Pool = Total Value of Both Pools ÷ Value of UP Pool

• Payout Ratio for DOWN Pool = Total Value of Both Pools ÷ Value of DOWN Pool

For example, if there’s 100 USDT on the DOWN side of a round, and the overall prize pool is 500 USDT, the DOWN payout ratio will be (500/100)=5x.

• Payout Amount = Payout Ratio × Position × (1 - Treasury Fee)

What happens if no one enters an opposing position?

If only one side of a round has positions entered into it, and if that side loses, the losing funds will be sent to the treasury. But if that one side wins, funds will be returned to that one side with treasury costs deducted.

For example, User A enters a UP position, no one else enters a DOWN position. If User A loses, and there are no opposing positions for the winnings to be paid out to. All funds will be sent to repurchase and burn $BURGER.

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

In the very rare occurrence that the Locked Price is the same as the Closed Price, all funds entered into positions will be sent to repurchase and burn BURGER.