Algorand ecosystem
Last updated
Last updated
You can see all open positions either by Clicking on the “View open positions” on the main page
Or by Going to “My account” and then clicking “View my open positions”
On the open positions tab one can see a summary of their predictions , amount of current exposure on each market, current value, and p/l. Furthermore, on the right side we can see the status of the market.
Market status could be either:
Open: Still available for trading, taking position or exit already taken position.
Resolution pending: Closing date of the market has passed and we are waiting for the result.
Resolved: The user can open the market and redeem profits, if any.
In the example below we have taken position to Yes and also added liquidity as well. This means that we can remove liquidity first, and receive our shares. Those shares will be merged with the shares from our position that won and can be redeemed by selecting “Redeem payout”. The shares of the liquidity that you will receive depend on the amount of liquidity we have added, the price at the point of liquidity compared to the prices when the market closed, and the transaction fees that you are entitled to.
In the example below we only added liquidity to the market, so now that is resolved we are removing the liquidity by merging the shares we own
Note the above apply to Dual markets. In speedy markets there is no LPs so only profits can be redeemed.