Reading the standings
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Reading the standings
Opt a position into the week and it competes. On Monday every entered vault's value per share is recorded. At Friday's close the vault with the best move wins, and each of the four that lost transfers a bounded slice of its entered value to it. The worst week anyone can have is that slice. There are no liquidations and nothing goes to zero.
Nothing has been ranked yet, so nobody is winning. The characters and their baskets are real, the fight is not.
Value deposited during a week does not play that week, and value withdrawn before settlement neither pays nor collects. Nobody can enter late on the last day to farm a payout, and nobody can leave early to dodge a loss.
Entry is per position and per week, and it burns project tokens every week for as long as you keep playing. A position that does not enter simply holds its basket and is unaffected by any of this.
Connect a wallet and this lists the positions it holds, with what each one still needs before it can enter, and enters them from here.
An illustration, not a reading. The moves above are made up round numbers so the mechanism is legible; the real ones are in the standings below, from the chain.
Both boundaries fall inside market hours because settling reads the price feeds, and this chain's stock feeds only update while the market is open. Over a weekend they go roughly two days stale, so a weekend settlement could never have executed.
Each character is its own collection, so each has its own floor price. Those five floors are a live read on who the market thinks is winning, visible on any marketplace without coming here. No marketplace is configured yet, so the floors are not shown rather than shown as zero.
Two separate steps. The stake makes the pot out of the losing vaults, and then the pot is divided. They are measured against different things, so they are stated apart.
| Each losing vault pays | 1.00% | of its own entered value |
|---|---|---|
| Four vaults lose | = pot | so the pot is 1.00% of each loser, never 4% of anybody |
| Where the pot goes | Of the pot |
|---|---|
| Protocol cut | 10% |
| Winning depositors, pro rata | 63% |
| Winning holders, evenly | 27% |
| Total | 100% |
You risk 1.00% to make roughly 2.5 times that, every week. And the game sits on top of what the basket did: if the underlying is up 8% and you lose the week, you finish up 7%.
These figures are a projection from values read a moment ago. The settlement that counts happens on chain at Friday's close, against values read there.
Opening the week and settling it can be called by anyone. A scheduler does it on time in the normal case. If it is late or gone, the week is not stuck: push it yourself.
| Who can call this | Anyone Opening and settling are permissionless. A scheduler normally gets there first, and nothing about the week depends on it doing so. |
|---|---|
| What it costs you | Network gas only Neither call moves your money, takes a fee, or burns anything of yours. Settling moves value between vaults, and none of it is yours unless you entered. |
| What opening does | Records the baseline Reads the value per share of every entered vault and stores it as the week's starting point. Without it the week has nothing to be measured against. |
| What settling does | Pays the week out Picks the winner, collects the bounded stake from each losing vault, and funds the claims. Until it runs, no payout can be claimed. |
Nothing is ever pushed to a holder and nothing expires. What a position won waits until it is claimed, and it travels with the token if the token is sold.
Connect the wallet that holds your positions to see what it can collect.