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House Pools

T&C's

Deposits are at risk. Please read carefully before depositing funds into the house pools.

  1. 1.
    The primary goal of the pool is to provide liquidity for bets & to make a positive return in the long run by accepting bets that are in favour of the pool.
  2. 2.
    When you deposit into the pool, you exchange your assets for liquidity provider "LP" tokens (a share of the pool). The breakdown of the value of an LP token can be found here. You will have exposure to all pending bets & all future bets accepted.
  3. 3.
    There needs to be enough liquidity in the pool to payout all the bets in the worst-case scenario. You may not be able to withdraw all of your LP tokens if there isn't enough liquidity in the pool. Liquidity increases when bets settle, or further deposits are made.
  4. 4.
    When others exit the pool, you will proportionally take on their exposure of pending bets. You are paid a risk premium for this, as they forgo any positive EV.
  5. 5.
    When you decide to leave the pool, you will lose any positive EV 'Expected Value" of pending bets that you accepted whilst in the pool. I.e. this does not apply to any EV that you bought into when you entered the pool.
  6. 6.
    The House Pools are rewarded with LFI. This can be immediately claimed.