Pooler
A highly transparent Binary Option that anyone can provide liquidity
Last updated
Was this helpful?
A highly transparent Binary Option that anyone can provide liquidity
Last updated
Was this helpful?
In The Binary Pool tub, you also can see there are four cards.
WBNB Balance (Stake) : You can stake (providing liquidity) WBNB here.
Pooler Balance (Unstake) : You can unstake (remove liquidity) WBNB here.
Your shares in the pool (%) : Your share of the Binary pool. Your shares in the pool = your stake / Total liquidity
You can stake $WBNB for liquidity Upper right.
Enter the number of WBNB you want to stake.
Approve metamask
Pooler Balance : The balance of your WBNB in the Binary pool. (= Liquidity Provided + Net P&L)
Liquidity Provided : Amount of you provided WBNB in the pool
Net P&L : Profit or Loss of your position
Your shares in the Pool : Your share in this pool. (= Pooler Balance / Total liquidity)
Total liquidity : Total liquidity of this pool
Poolers can expect to earn passive income by depositing WBNB.
Pooler's revenue comes when Better loses.
When Better's prediction is incorrect and Better loses WBNB, Pooler can be distributed that WBNB by his Pool share. The protocol does not charge a fee, so WBNB is distributed by Pooler.
If Better's prediction is correct, Pooler will reduce the number of WBNB tokens that are pooled at the rate of share.
Formula for Pooler : (pool balance * share price) / total balance
