Glossary
The path to mastering JustBet.
Multiple Bets
Players can place multiple bets in a single transaction on JustBet to save time and test out new gambling strategies.
Stop Loss/Gain
Stop loss and stop gain refer to the amount of money a player is willing to lose or win, available only if you are placing multiple bets.
Bankroll
WINR Protocol's multi-asset liquidity pool acts as the casino house on JustBet. The pool keeps a certain balance of its assets all the time. WLP holders own the bankroll.
WINR Protocol
Infrastructure protocol for liquidity bootstrapping for on-chain gambling and gaming.
LP
LP is WINR Protocol's liquidity provider token.
WINR
WINR is the platform's utility token. It can be staked to accumulate rewards. It is also used to mint platform NFTs.
Staking
vWINR and WINR can be staked for rewards. Staking allows you to generate yield from bets and platform fees.
Staking Multiplier
The multiplier adjusting the percentage of a bet allocated for staking rewards. It stays between 0.1% and 0.5%.
Epoch
These two multipliers get updated at the beginning of each epoch based on past volume and PnL.
Swap Fee
If the bet and payout currencies are different, a swap fee is charged. It stays between 0.1% and 0.8% depending on the action's effect on the bankroll's balance. Same goes for plain swaps.
LP Buy/Sell Fee
LP can be bought and sold for any currency in the bankroll. It stays between 0.15% and 0.75% depending on the action's effect on the bankroll's balance.
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