# Pool Statuses

Every pool has a particular status. Status depends on what stage a forecast is at a current moment. A pool can have 4 different statuses as follows:

Status 1: This refers to a Pool open for creating forecasts.

<figure><img src="/files/a2UEfkonVExpNR92S6XS" alt="" width="147"><figcaption></figcaption></figure>

Status 2:  This refers to a Pool that is closed for new Bids and has jumped to a settlement stage.

<figure><img src="/files/NLuSe7R4lMhqNoofTsD6" alt="" width="148"><figcaption></figcaption></figure>

Status 3:  This refers to a Pool that is in nearing completion. Next, we’ll come up with net results and distribute rewards among winners.

<figure><img src="/files/qTgXWxczzuXlV1Z6FjVi" alt="" width="147"><figcaption></figcaption></figure>

Status 4: This refers to a Pool that was canceled since there was a lack of liquidity or a low number of participants.

<figure><img src="/files/AlfUVEpyIBfMy6hWuYso" alt="" width="149"><figcaption></figcaption></figure>

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