The token and the market-wide boost
The same uplifted price can arrive in two forms: a token you choose to apply to a selection you pick, or a market-wide boost the operator applies to one market for everyone. The two have different caps, different windows and different revert rules, and the sample separates them.
- offers sampled
- 1,200
- token boosts
- 228
- market-wide boosts
- 144
- single boosts
- 540
- acca boosts
- 288
- whole stake qualified
- 31.1%
A token boost is applied by the account to a selection it chooses within a window; a market-wide boost is applied by the operator to one market for every account. The token is usually capped and expiring, the market-wide boost is usually uncapped and short-lived.
The difference that actually matters
Both forms move one price. What separates them is who chooses the selection and how long the price is held. A token gives the account the choice and attaches a clock; a market-wide boost removes the choice and attaches a much shorter clock, in exchange for a larger cap.
| Field | Token boost | Market-wide boost |
|---|---|---|
| who chooses the selection | the account | the operator |
| who receives it | the accounts holding the token | every account |
| offers in the sample | 228 | 144 |
| typical cap | 10.00 | higher, market-wide |
| typical window | days, until expiry | hours, until the market moves |
| usual revert route | expiry or an ineligible selection | a resettled market |
The two are not interchangeable. A reader who applies a token to an ineligible market has spent the token and moved nothing.
What an account can check before applying a token
- Whether the market is on the eligible list, not just whether the selection exists.
- Whether the stake in mind is inside the token cap.
- When the token expires, and whether an expired token returns or is lost.
- Whether the token is applied before or after the stake is entered, because the two orders produce different errors when the stake exceeds the cap.
- Whether a token used on a slip that later has a leg withdrawn reverts the whole price or only that leg - see when the price goes back.