RogueBot token pricing

RogueBot token prices are determined only by the bot's betting performance, are fully verifiable in real-time and cannot be manipulated by anyone.

Each RogueBot is an ERC-20 liquidity pool smart contract that issues LP tokens when you deposit ROGUE and which burns those LP tokens when you withdraw ROGUE. Each RogueBot's price is calculated by dividing its total ROGUE betting balance by its total LP token supply as below:

balance.actual_balance = address(this).balance;
balance.pool_token_supply = this.totalSupply();
balance.pool_token_price_bid = (balance.actual_balance * 1000000000000000000) / balance.pool_token_supply; // assumes all unsettled bets will lose
balance.pool_token_price_ask = ((balance.actual_balance + (balance.unsettled_bets * 2)) * 1000000000000000000) / balance.pool_token_supply; // assumes all unsettled bets will win

There are several scenarios where these balances can change which may or may not affect the RogueBot's token price:

• If the RogueBot's ROGUE balance increases from betting profits then the price of its LP token rises because the supply of its LP token did not increase.

• But if a new player deposits more ROGUE into the RogueBot the LP token does not increase in price because more LP tokens are minted and sent to this new player and the increase in ROGUE and LP tokens cancel each other out and the price remains the same.

• If the ROGUE balance decreases from betting losses then the price of the LP token decreases because the LP token supply remains the same.

• But if a player withdraws ROGUE tokens by selling (burning) LP tokens the price of the LP token does not decrease because both the ROGUE betting balance and the LP token supply decreased and canceled each other out.

A RogueBot's token price cannot be manipulated or influenced by the actions of other LP token holders, no matter how big their position. Only the betting performance of the RogueBot can affect the LP token price.

You can see all bets being placed by every RogueBot in real-time on the RogueBot's token page and also on the Rogue Index UI and also on roguescan.io where you can see every transaction as they happen in real-time.

Each RogueBot's smart contract deployed on Rogue Chain is verified. This allows anyone to read the current ROGUE betting balance and the current total LP token supply, allowing you to calculate and verify each RogueBot's LP token price in real-time as bets are placed and settled.