> For the complete documentation index, see [llms.txt](https://betfin.gitbook.io/betfin-public/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://betfin.gitbook.io/betfin-public/staking-manual/user-manual/liquidity-pool-manual.md).

# Liquidity Pool Manual

This guide covers participating in the Liquidity Pool infrastructure.

### Liquidity Pool

This guide provides step-by-step instructions on how to participate in the protocol’s primary liquidity infrastructure. By depositing tokens, you act as the "house," earning rewards from the mathematical edge of all integrated games.

### How to Deposit

1. **Membership**: Ensure you hold a soulbound membership Pass NFT. Membership is mandatory for all liquidity providers.
2. **Approval**: Approve the Core contract to spend the amount of native tokens you wish to deposit.
3. **Execution**: Call Core.deposit with your wallet address as the provider. The tokens will be routed through the Hub to the Liquidity Pool.
4. **Receive BLP NFT:** Upon a successful transaction, a Betfin Liquidity Position (BLP) NFT is minted to your wallet. This NFT is your receipt and serves as the single source of truth for your shares and rewards.

### Understanding Your Position

* **Shares**: Your deposit is converted into shares based on the pool’s current value. More shares represent a larger percentage of ownership in the pool.
* **Fair Entry**: Your position snapshots the current global profit and debt counters at the moment of entry. This ensures you only accumulate rewards or losses from game activity that occurs *after* your deposit.
* **80-Week Lock**: Principal deposits are subject to a mandatory 80-week lock period. While rewards can be claimed at any time, the original tokens cannot be withdrawn until this period expires to ensure long-term stability for the protocol.

### How to Withdraw

1. **Check Lock Status**: Verify that your 80-week lock has elapsed by checking `getPosition(tokenId).unlockTime`.
2. **Withdraw Function**: Once unlocked, call the withdraw function.
3. **Settlement**: You will receive your proportional share of the pool (initial principal adjusted by any realized profits or losses).
4. **Position Closure**: Your Position NFT is burned, and your participation in the pool is permanently closed.

### <mark style="color:orange;">Safety Circuit Breakers</mark>

* <mark style="color:orange;">Daily Drawdown Limit: To protect your capital, games are capped at withdrawing no more than 5% of the pool's daily balance.</mark>
* <mark style="color:orange;">Loss Threshold: If sustained player wins reduce the pool balance below 50% of expected principal, the "Circuit Breaker" automatically stops all new betting until the pool recovers via the next sync.</mark>

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