What is an Arlo?
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What do I get as a Trader?
You fund $1,000 but trade all $3,000 of the Arlo, for 30 days. You keep 100% of the profit, minus a fixed fee of $150 (5% of the Arlo). The most you can lose is the $1,000 you put in.
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What do I get as a Backer?
You fund $2,000 of the Arlo for 30 days. When it ends, you get your $2,000 back, plus a $120 bonus.
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What if the trades make money?
The Trader keeps 100% of the profit. The fee stays fixed at $150 (5% of the Arlo), and the Backer’s bonus stays at $120, however big the profit.
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What if the trades lose money?
Any losses come out of the Trader’s money first. If losses reach $800, trading stops automatically. The rest of the Trader’s money stays in the Arlo: $150 pays the fee (the Backer’s $120 bonus and Arlo’s $30), and $50 is a buffer for prices moving while trades close.
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Who holds my money?
The code holds it. It can only go to GMX to trade, then at the end to the Backer, Arlo and the Trader, in that order. Nobody can send it anywhere else, Arlo included.
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What does it cost me?
Only Traders pay a fixed fee of 5% of the Arlo, paid when it ends. On a $3,000 Arlo, that’s $150.
If you’re a Backer, $120 of that fee is your bonus.
You fund $1,000 but trade all $3,000 of the Arlo, for 30 days. You keep 100% of the profit, minus a fixed fee of $150 (5% of the Arlo). The most you can lose is the $1,000 you put in.
Read the Trader doc ↗You fund $2,000 of the Arlo for 30 days. When it ends, you get your $2,000 back, plus a $120 bonus.
Read the Backer doc ↗The code holds it. It can only go to GMX to trade, then at the end to the Backer, Arlo and the Trader, in that order. Nobody can send it anywhere else, Arlo included.
How your money is held ↗The Trader keeps 100% of the profit. The fee stays fixed at $150 (5% of the Arlo), and the Backer’s bonus stays at $120, however big the profit.
How the payout works ↗Any losses come out of the Trader’s money first. If losses reach $800, trading stops automatically. The rest of the Trader’s money stays in the Arlo: $150 pays the fee (the Backer’s $120 bonus and Arlo’s $30), and $50 is a buffer for prices moving while trades close.
How losses work ↗Only Traders pay a fixed fee of 5% of the Arlo, paid when it ends. On a $3,000 Arlo, that’s $150.
If you’re a Backer, $120 of that fee is your bonus.