EFUN 2.0
  • PLATFORM
  • Introduction
  • Mission & Vision
  • GETTING STARED
    • 🪙Buy EFUN Tokens
    • ✨Explore Events
    • ⚽Join a prediction
    • 🔎View Prediction history
    • 🏆Claim winnings
    • 🚩Report frauds
  • HOST A PREDICTION
    • 👨‍🚒Set up Profile
      • Host history
    • 1️Peer-2-peer & Prize
    • 2️Users Vs. Pool
    • 3️Affiliate
  • Decentralized Pool
    • How it works
    • ELP
    • Mint EFUN's iNFTs
      • iNFT Terms and Conditions
  • WHY EFUN?
    • 📊EFUN's Ecosystem
    • 🔀Platform Fee
    • 💰Tokenomics
      • Audit
      • Stake EFUN tokens
    • 🛣️Roadmap
    • 📰KYC Verification
    • ❓FAQs
  • ABOUT US
    • 👥Our team
    • 🌏Social channels
    • 🤝Partners
    • 🌟Press Kit
    • 📩Contact
    • 📖Terms of use
Powered by GitBook
On this page
  • EFUN's decentralized liquidity pool
  • How it works
  1. Decentralized Pool

How it works

EFUN's decentralized liquidity pool

EFUN's decentralized liquidity pool is the collection of ELP (token) that is locked in a smart contract that provides liquidity to decentralized exchanges (prediction event pool, winner's rewards, etc.). When these decentralized exchanges turn profitable, investors who invested in the decentralized liquidity pool will receive their share of the profit.

How it works

Investors can mint an iNFT, which is a digital asset that proves the holder's investment in the Liquidity Pool. Each iNFT will represent a certain amount of ELP tokens, and the value of an iNFT is determined by the ELP tokens represented and the current pool's NAV*. If the NAV is higher during the investing period than it was when the iNFT was purchased, this means the investor is making a profit.

*NAV is the value of one ELP token. This NAV value will change depending on how well the liquidity pool perform. If liquidity pool is making a profit, then NAV will increase. The initial NAV will be set at 1,000 EFUN.

You can invest in EFUN's decentralized liquidity pool by minting iNFTs or buying them from other users.

PreviousAffiliateNextELP

Last updated 2 years ago