> For the complete documentation index, see [llms.txt](https://girasol.gitbook.io/girasol.fun/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://girasol.gitbook.io/girasol.fun/rules-and-guidelines.md).

# Rules & Guidelines

## **Market Availability**

* Each round is independent, and predictions cannot be changed after the Entry Phase.
* Timing is crucial; ensure you place your prediction during the Entry Phase.
* The <mark style="background-color:yellow;">**FLAT**</mark> option is optional and may not be available in every market.

## **Position Details**

* &#x20;<mark style="background-color:green;">**UP**</mark> : Predicts that the **Closed Price** will be above the **Opening Price**.
* &#x20;<mark style="background-color:red;">**DOWN**</mark> : Predicts that the **Closed Price** will be below the **Opening Price**.
* &#x20;<mark style="background-color:yellow;">**FLAT**</mark> (if activated): Predicts that the **Closed Price** remains within the defined **Flat Range**.

## **Winning Criteria**

* The result is determined by comparing the **Opening Price**, **Closed Price**, and the **Flat Range** (if activated).
* Winners share the reward pool, while a small fee is retained for operational costs.

***

## **Special Conditions: Round Cancellation**

A round may be canceled under the following circumstances:

1. **Insufficient Players**:
   * If there are fewer than **two players** in total, or if all players are in the same position ( <mark style="background-color:green;">**UP**</mark> , <mark style="background-color:red;">**DOWN**</mark> , or <mark style="background-color:yellow;">**FLAT**</mark> ), the round will be canceled.
2. **Delayed Resolution**:
   * If the market cannot resolve the result within **30 seconds** after the round ends, the round will be canceled.
3. **Identical Opening and Closed Prices**:
   * If the **Opening Price** is identical to the **Opening Price**, the round will be canceled.

## **Refund Policy for Canceled Rounds**

* In the event of a cancellation, **all players will be fully refunded** the amount they entered into the round.
* No fees are retained for canceled rounds, ensuring fairness to participants.