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Utility
Decentralized prediction market that allows users to predict the price movement of ETH by betting with Poro (FLUFF).
By correctly predicting whether the price will rise or fall, users have the opportunity to win rewards.
With each round, 10% of the collected betting funds will be automatically burned, reducing the overall supply of Poro (FLUFF).
Users must predict if the price of ETHUSD will be higher or lower than the "Locked Price" at the start of the "LIVE" phase.
- If a user enters an "UP" position and the "Closed Price" is higher than the "Locked Price" at the end of the 5-minute LIVE phase, they win.
- If the "Closed Price" is lower, they lose. Conversely, if a user enters a "DOWN" position and the "Closed Price" is lower than the "Locked Price" at the end of the 5-minute LIVE phase, they win.
- If the "Closed Price" is higher, they lose.
Have fun and good luck!
Last modified 4mo ago