💰$ILP Real Yield

The yield generated from $ILP is based on several factors, including:

  • Target yield: Community will vote on the target yield for $ILP.

  • Bettors' losses: The yield is generated from the losses of bettors on the platform. The house edge ranges from 1-5%, and 90% is rewarded $ILP holders.

  • Emissions from $esIBET: If the yield falls below the target of 20%, emissions from $esIBET are used to make up the difference and generate the yield.

Example Scenario for $ILP Yield:

  • If there is $10,000,000 $USDT/$ETH/$WBTC/$IBET in the $ILP pool

  • If we assume a house edge average of 3%

  • If we assume wins and losses are equal after $100,000,000 annual betting turnover

  • 3% x $100,000,000 = $3,000,000 USDT generated from the house edge

  • 90% of the $3,000,000 goes to ILP holders

  • = $2,700,000

  • This would equal a 27% APY on their asset.

In this case, $esIBET will not be used from the emissions fund as the yield is above the target rate 20%.

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