Hooksmarket
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FAQ

Short answers to the questions that come up most.

Do I need HOKT to swap or provide liquidity?

No. HOKT is only needed to vote.

Can anyone see how I voted?

Not while voting is open. Ballots are encrypted until the drand round after voting ends, then everyone's are revealed together.

What happens if a bet loses?

The stake on that market is lost. Caps keep any single market to half the vault and always hold 10% back.

What if the vote isn't decisive?

That market gets no bet and its share stays in the vault for later cycles.

When are LPs paid?

After the cycle's markets resolve and settle, usually the week after the vote. Profit is donated to positions in range at that time.

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On this page
  • Do I need HOKT to swap or provide liquidity?
  • Can anyone see how I voted?
  • What happens if a bet loses?
  • What if the vote isn't decisive?
  • When are LPs paid?