Round Ownership System

πŸ“ About "Change Owner" (Round Ownership System)

In KangarooDeFi, every prediction round has an Owner. The Round Owner:

  • Earns 5% of the total pool at the end of the round.

  • Pays fees to generate UP & DOWN tokens and create liquidity pools.

  • Covers costs for closing rounds and distributing rewards.

  • πŸ’° Rewards are paid in KWBNB β€” you can easily convert (unwrap) them back to BNB using the "Unwrap KWBNB" menu in the app.

πŸ”„ How to Become the Next Round Owner

Anyone can become the Owner of the Next Round by paying the displayed "Change Owner Cost" (shown in BNB).

When you pay:

  • You become the new owner for the next round.

  • The previous owner gets back their original cost (last cost).

  • The round continues until the closing time.

πŸ“Š How the Cost Works

The minimum new cost is calculated like this:

New Cost = Last Cost (paid by previous owner) + Round Fee (e.g., 0.03 BNB)

Example:

  • Last owner paid 0.03 BNB

  • Round fee is 0.03 BNB

  • New minimum cost = 0.06 BNB

If you pay, you take ownership, and the last owner gets refunded their last cost.

⏳ What Happens If No One Pays?

If no one pays to become the next round owner:

  • The current round gets extended (it doesn’t close).

  • The open price for the next round stays the same.

  • The round number also stays the same (e.g., BTCUSDT-15m Round #15 remains Round #15).

Once someone pays to change the owner:

  • The current round will close normally at the end of its time.

  • The open price is recorded and used for the next round.


❓ Example

  • Round: BTCUSDT-15m, Round #15

  • Open Price: 92,000 USDT

  • No one paid the round cost β†’ round extends 15 min again, open price stays 92,000.

  • If someone pays during this time β†’ round closes at end, new round starts with correct open price.

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