Betoken
  • Betoken overview
  • Betoken investment cycle
  • Deposit & Withdraw
    • How to deposit your capital?
    • What is Betoken Share token (BTKS)?
    • Do I receive my BTKS immediately after purchase?
    • How can I see my BTKS balance in Metamask?
    • What is the lockup / liquidity of the fund?
    • How can I follow the activity of the fund?
    • What is the fees structure?
    • How do I make an additional capital connection, after I’ve already made an initial one?
  • Manage the fund
    • Betoken income simulation
    • How do I get started as a Betoken fund manager?
    • What is Kairo?
    • Do I receive my Kairo immediately after purchase?
    • Why is there a max Kairo purchase amount?
    • How can I see my KRO balance in Metamask?
    • How can I manage and follow the activity of the fund?
    • How is a basic order created?
    • How is a short order created?
    • How is a leveraged long order created?
    • What would cause a margin order to be liquidated?
    • How does risk threshold work?
    • How does the manager's monthly commission work?
    • How does Betoken punish huge manager’s losses
    • How does Betoken handle "dead" managers?
  • Govern
    • What is Betoken's upgrade governance process?
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  1. Manage the fund

How does Betoken punish huge manager’s losses

A manager’s investments with losses below 10% will lose the normal amount of Kairo, whereas investments with more than 10% losses will lose a lot more Kairo as the losses increase. Investments with losses above 25% will lose all of the staked Kairo, causing a -100% KRO to redeem.

Why should I redeem DAI from a -100% position?

TL;DR: as a manager, you may have noticed an active position with a KRO to redeem balance displaying -100% on your dashboard. That doesn’t imply there is no value still locked in it.

If you redeem the DAI from a -100% position, then you protect Betoken from further losses. By doing so, you protect your own manager's commissions.

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Last updated 5 years ago

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