Documentation
  • PROTOCOL
    • About
    • Glossary
    • Protocol Roles
      • Creators
        • Creator NFT (mNFT)
      • Players
      • Analysts
        • Analyst NFT (vNFT)
      • Dispute Resolution
        • High Guard
    • FORE Markets
      • Market Types
      • Payout Logic
      • Protocol Rewards
    • Market Phases
      • Creation Phase
      • Participation Phase
      • Validation Phase
      • Dispute Phase
      • Resolution Phase
    • Protocol Rewards
      • Player Rewards
      • Infrastructure Rewards
      • NFT Tiers
    • NFT Marketplace
    • Config
      • Protocol Config
      • Market Config
  • DEVELOPERS
    • Addresses and Config
    • Smart Contracts
      • ForeMarkets (Factory)
      • ForeMarket
      • ProtocolConfig
      • MarketConfig
      • ForeAnalysts
      • ForeToken
    • IPFS
      • Verifier NFT Metadata Format
      • Market NFT Metadata Format
      • Market Object Format
      • Base58 <->Bytes32
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  1. PROTOCOL
  2. Market Phases

Participation Phase

KEY POINTS:

  • The participation phase starts immediately upon market creation

  • This phase lasts until the end time set by the market creator in market configuration

  • During this phase, players can take a position by wagering FORE on outcomes

  • Anyone can take a position as long as they hold FORE tokens in their connected wallet (the amount must be greater than 0 and less than or equal to the amount of FORE in their wallet)

  • With every position, the total market size will increase per that position

  • With any subsequent prediction on the same market outcome, it will be added to the users’ original position

  • Player funds are held in a smart contract until market resolution

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Last updated 2 years ago