Settlement

At 6am ET the following day, the contract will check the price of SOL from our Pyth price feed.

If the price of SOL is higher than the price of SOL yesterday 6am ET, all the funds from users who bet Down will be distributed to the Up pool depositors pro-rata.

If the price of SOL is lower than the price of SOL yesterday 6am ET, then all the funds from users who bet Up will be distributed to the Down pool pro-rata.

A user's payout if he wins is as follows:

Payout = (your deposit / total pool deposit) * opposing pool total deposits * 0.99

A 1% fee will be collected before a winner can claim his winnings.

Funds won are claimable to your connected wallet.