Understanding the difference between Arbitrated and Unarbitrated projects is key when looking for an LBP to participate in.
Let’s have a look at how they are displayed within the Nexus platform.
Unarbitrated LBPs
When it comes to the board view of currently listed Pools, unarbitrated pools will be visible at the very end, but you’ll also have a possibility to filter them.
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If you see such a warning message on the LBP page, it means that it’s currently unarbitrated.
It also means that you need to assess the risks much more carefully as such unarbitrated projects have not been subjected to the same level of third-party oversight. These projects can typically launch on Nexus by any user without prior approval from or assessment by Arbiters.
Arbitrated LBPs
You will also encounter Arbitrated projects being overseen by third-party specialists. Such an indication states that these LBPs are most likely secure and stable.
It’s easy to differentiate them because arbitrated LBPs are shown with an Arbiter badge on the LBP page.
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