import { Modal } from 'web/components/layout/modal' import { Col } from 'web/components/layout/col' export function LoansModal(props: { isOpen: boolean setOpen: (open: boolean) => void }) { const { isOpen, setOpen } = props return ( 🏦 Loans on your bets • What are loans? Every Monday, get 5% of your total bet amount back as a loan. • Do I have to pay back a loan? Yes, don't worry! You will automatically pay back loans when the market resolves or you sell your bet. • What is the purpose of loans? Loans make it worthwhile to bet on markets that won't resolve for months or years, because your investment won't be locked up as long. • What is an example? For example, if you bet M$100 on "Will I become a millionare?" on Sunday, you will get M$5 back on Monday. Previous loans count against your total bet amount. So, the next week, you would get back 5% of M$95 = M$4.75. ) }