🟢Open Trading Stage
Open Trading Stage is the main phase in the lifecycle of a prediction market.
Traders are able to purchase Yes and No shares in the event market with up to 10x leverage with the price defined by the vAMM pools.
Trading activity directly impacts shares prices.
One trader's profit is another trader's loss.
PnL is calculated based on traders' position sizes (collateral x leverage) and the market's current YES and NO prices/odds, allowing the traders' to realize the profits or losses on demand during this stage.
During this stage, on closure of a position, 1% of positions's profit is directed towards the reward pool.
The trading is allowed until a market resolution is accepted on UMA Oracle.
Last updated