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$HILO predictions explained

Use-case
  1. 1.
    A pool for $ETH opens at the price of $1200.
  2. 2.
    The entry period takes 1 hour, and $HILO users can vote for higher or lower and deposit $HILO amount for their entry.
  3. 3.
    After 1 hour, the entry close, and the pool gets locked. The price action monitoring starts immediately after the pool closure and lasts for 23 hours.
  4. 4.
    If the price of $ETH goes up, everybody votes “Higher” and takes out prizes in proportion to the size of the deposit.
  5. 5.
    If the price of $ETH goes down, everybody the vote “Lower” takes out prizes in proportion to the size of the deposit.
  6. 6.
    In the rare event that $ETH remains constant at +-0%. It is a draw between the two sides of the vote, and all the pool $HILO amount gets burned.
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Last modified 3mo ago