How Event Pool Works ?

Event Selection and Configuration:

The EPO chooses an event and determines the coefficient, the pool currency, and the pool size.

Deposit Requirements:

To initiate the event pool, the EPO is required to deposit PRLN tokens along with collateral in the pool currency.

Variation in Deposit Options:

The EPO has the flexibility to deposit only PRLN tokens, without collateral, and invite Liquidity Providers (LP) to contribute to the pool.

Additionally, EPOs can choose to deposit a portion of the required collateral and invite LPs to cover the rest.

Fee Settings and Rewards:

The EPO can establish fees for LPs wishing to join the pool.

Additionally, EPOs can accrue fees from the event pool as a reward for organising it, serving as an incentive for creating more diverse and engaging event pools.

Through this structure, the event pool serves as a dynamic and adaptable model, allowing for diverse participation and a broad array of events and configurations, catering to the preferences and strategic approaches of different EPOs and ensuring a versatile and inclusive platform experience.