90% refund in ARB tokens for all SportsAMM and ParlayAMM LPs on losing weeks!

Every two weeks, all AMM LPs that had a negative performance will be airdropped ARB equal to 90% of their negative PnL in dollar value. Capped at 10,000 ARB per two weeks.

If you don’t already know, you can provide liquidity for Overtime Markets and ‘be the house’ and share its profits by participating in two liquidity pools: SportsAMM and ParlayAMM

Loss Rebates ARB rewards are reserved to be distributed to AMM Liquidity Providers in case of a negative PnL week. Rewards are meant to be equal to 90% of dollar value of potential losses incurred from AMM Liquidity Providing across SportsAMM and ParlayAMM.

The biweekly round of ARB rewards will reserve a hard cap of 10,000 ARB tokens for Loss Rebates equal to 90% of dollar value of potential losses incurred from AMM Liquidity Providing.

Any AMM LP losses will be eligible for ARB rewards from this round.

In case the 90% of dollar value of Liquidity Providing losses for the mentioned two weeks is greater than the dollar value of 10,000 ARB at the end of the round, the 10,000 ARB will be split pro rata between all LPs that incurred losses based on their comparison to global PnL losses of their respective pool.

You can earn additional incentives by using other products built on Overtime Protocol. For more information, check out this link.

Don’t miss out on the other great incentives on Overtime

Overtime regularly organizes kickbacks, dedicated rewards for the biggest sports events and leagues, and sportsbook competitions.

You can use the promotions page to keep an eye out for ongoing and future goodies you can grab, as well as find out how to qualify and how your wallet is doing on the rewards leaderboard.