50 USDC in.
59.38 USDC out.
One win, one liquidation and a reward from another player’s loss, step by step.
Start
You have 50 USDC in your wallet. This is the house you join.
You
Wallet50.00 USDCBlood0.00Energy0The house
Pool12,000 USDCBlood owed10,000House ratio120.0%Energy’s share of the next loss20.0%
All Energy2,000Mint a Maneki
Pay 50 USDC: a 1 USDC fee, and 49 Blood for your Maneki, all protected.
You
Wallet0.00 USDC−50.00Blood49.00+49.0049.00 protected
Energy0The house
Pool12,049 USDC+49Blood owed10,049+49House ratio119.9%Energy’s share of the next loss19.9%
All Energy2,000Win a trade
Short BTC with 10 Blood at 1000×, a 10,000 position. BTC falls 0.5%.
Raw profit 50; the keep curve keeps 86.4%: +43.18 Blood, unprotected.
You
Wallet0.00 USDCBlood92.18+43.1849.00 protected43.18 unprotected
Energy0The house
Pool12,049 USDCBlood owed10,092+43House ratio119.4%Energy’s share of the next loss19.4%
All Energy2,000Get liquidated
Long BTC with 40 Blood at 1000×. BTC dips 0.05% and the position is liquidated.
−40 Blood, taken from unprotected Blood first, and +40 Energy. 7.76 of the loss goes to the Energy already in the house.
You
Wallet0.00 USDCBlood52.18−40.0049.00 protected3.18 unprotected
Energy40+40The house
Pool12,049 USDCBlood owed10,060−32House ratio119.8%Energy’s share of the next loss19.8%
All Energy2,040+40Another player is liquidated
They lose 2,000 Blood. The house ratio is 119.8%, so 19.8% of it, 395.44 Blood, is shared with Energy.
You hold 40 of the 2,040 Energy (2%): +7.75 Blood.
You
Wallet0.00 USDCBlood59.93+7.7549.00 protected10.93 unprotected
Energy40The house
Pool12,049 USDCBlood owed8,455−1,605House ratio142.5%Energy’s share of the next loss42.5%
All Energy4,040+2,000Convert to USDC
Convert all 59.93 Blood. Your 49 minted Blood is fee-free; the other 10.93 pays the default 5% fee (0.55).
59.38 USDC lands in your wallet. You keep the Maneki and its 40 Energy.
You
Wallet59.38 USDC+59.38Blood0.00−59.93Energy40The house
Pool11,989 USDC−60Blood owed8,395−60House ratio142.8%Energy’s share of the next loss42.8%
All Energy4,040
Your result
- Trade won+43.18
- Liquidated−40.00
- Energy reward+7.75
- Mint fee−1.00
- Conversion fee−0.55
- Profit+9.38 USDC