An Automated Market Maker (AMM) is a decentralized asset trading pool that enables market participants to buy or sell cryptocurrencies. AMMs are non-custodial and permissionless in nature. Most AMMs utilize either a constant product, constant mean, or constant sum market-making formula; however, the most common is a constant product market maker, most notably Uniswap.
In the event of a Side getting eliminated, the pool performs a FactoryRebalancing during which:
redirected to the winning team. In other words, all liquidity from the losing team’s pool are drained and added to the winning team.The expected Return on Investment of that pool if it win the championship.
Total number of shares people have bought for a specific in exchange for USDC.
Leaderboard displays the top wallets in terms of current value, PNL, and total trading volume.
In Defi, liquidity pools are a collection of assets that facilitates decentralized trading and lending. Users that provide liquidity (LPs) take a small fee of each trade that occurs in their liquidity pool. In the case of Sided, a liquidity pool would consist of shares + another token pair (eg. USDC).
Each time you sell your share, 10% will be added to liquidity reserve of that pool as a way to guarantee fairness (avoiding bots, whales manipulation,…) for all participants.
All of the Liquidity reserve of a pool will be redistributed to the winning team after elimination match.
Markets are broad categories of topics that users can choose from, ranging from sports, politics, entertainment or finance. In the future, anyone can propose and create their own market to attract liquidity.