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

Last updated