PARLINE
  • 🚀Introduction
  • 📢Problem
  • 💡Solution
  • 🌠Purpose of the project
  • ⚙️Technology overview
  • 🌏Ecosystem
  • 🛠️How it works ?
    • User Roles and Interactions
    • What is an Event Pool?
      • How Event Pool Works ?
    • Platform Economics
    • Event Outcomes
  • 📈Token Utility
  • 🪙Token Details
  • 💵Presale details
  • ⏳Token Vesting
  • 🛣️Road Map
  • ❓FAQ's
  • 📄Disclaimer
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  • Event Selection and Configuration:
  • Variation in Deposit Options:
  • Fee Settings and Rewards:
  1. How it works ?
  2. What is an Event Pool?

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.

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Last updated 1 year ago

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