Automated Gaming Liquidity Pools
Last updated
Last updated
As shown in the working mechanism, we encourage users as stakers to deposit cryptocurrencies into automated gambling liquidity pools to provide liquidity to the market. Automated gaming liquidity pools will be powered by AI algorithms to keep net exposure (risk) minimized and earn spread while fully providing liquidity. In operation, we support users to deposit stablecoins/mainstream coins/PXT as collateral (Collateral) into the automated gambling liquidity pool, and the total size of the liquidity pool is USDC as the unit of denomination.
For example: users A, B, C, D respectively deposit 10000, 20000, 30000, 40000 USDC into the automated gambling liquidity pool, and the total liquidity pool is 100000 USDC.
For example, in the event shown in the figure below, the liquidity pool is driven by algorithms to provide liquidity, and finally laid 8850 USDC at the odds of 1.88, and backed 10000 USDC at the odds of 1.89. Since liquidity pools always get Spread, liquidity pools can profit regardless of the outcome of the event. Users in the liquidity pool share these benefits in proportion to their funds. (Please note that bettors of liquidity pools and markets are betting in opposite directions)