PredictSol A New Take on Prediction Markets

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leo.farmMember
Posts: 4 · Reputation: 93
#1Mar 15, 2018, 01:01 AM
Smart Contract Verification The PredictSol smart contract is now live and can be fully verified on the Solana blockchain. Program ID: Fhud5X7RHZT6159Mr964dhZA6SUDj5Dt8Zk54K4x6Twf So here it is, PredictSol, the first-ever decentralized platform for turning predictions into tokens. With PredictSol, you can take any yes/no prediction about the future and turn it into two SLP tokens: "true" and "false". These tokens can then be traded and transferred. When the event wraps up at the designated time, you can cash in the correct token for its full value in Solana, while the incorrect one just becomes worthless. The person who starts the prediction event earns 0.33% of all liquidity added to it and needs to put down 0.1 Solana to kick off the resolution process. Events get their results from the "Truth.IT" oracle network (truth.it.com), which is also a smart contract on Solana. If you want to add liquidity, you can stake any amount of Solana to the contract, and it’ll mint true and false tokens that match your stake (with a 1% fee taken off the top). Then, liquidity providers can utilize these tokens to take advantage of market shifts and earn transaction fees on DEXs. You can cash in both the true and false tokens for the equivalent amount of Solana at any point, so it’s pretty straightforward. Just remember to tokenize wisely. That’s all for now. Website GitHub FAQ Whitepaper
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leo.farmMember
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#2Mar 15, 2018, 04:19 AM
Reserved Top five ways to make money using prredictsol:   1.  Arbirage low prices.  If you can buy TRUE and FALSE together for a total price of less that 1 sol, then you can redeem them on the PredictSol contract for 1 sol, keepjng the difference.   2.  Arbitrage high prices.  If you can sell TRUE and FALSE togetther for more than 1 sol, then you can add liquidity on the PredictSol contract at 1 sol for the pair, sell them, and keep the difference.   3.  Predict an event correctly, redeem your tokens for full face value in solana.   4.  Provide liquidity.  Mint TRUE and FALSE by stakjng solana and then deposit those tokens in a dex pool to earn money on trading fees. 5.  Create an event on predictsol and earn one third of a percent of all liquidity added to that event.
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madfalconFull Member
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#3Mar 15, 2018, 08:56 AM
PredictSol on Solana....
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madfalconFull Member
Posts: 105 · Reputation: 327
#4Mar 15, 2018, 11:40 AM
Contract is non-upgradable...
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madfalconFull Member
Posts: 105 · Reputation: 327
#5Mar 15, 2018, 04:31 PM
New prediction market live on PredictSol. Will the US Dollar (USD) fall below 1000 satoshis on major exchanges before April 21, 2026 (GMT)? https://predictsol.com/event/Dnog5HuVwk3n9N4twQpa1D2fQ5CAD5ZxsL2BF39Puovp
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madfalconFull Member
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#6Mar 15, 2018, 05:27 PM
Brent Crude Oil Futures (BZ=F) will trade above $150 at least once before May 1, 2026 Event link: https://predictsol.com/event/B2P4Z3Z1bG3QLJukHE1bkZ5bWgqUZm5pkxrGkQzK83Na What do you think True or False? Could be a high-volatility market for traders watching energy headlines closely.
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leo.farmMember
Posts: 4 · Reputation: 93
#7Mar 15, 2018, 06:04 PM
https://predictsol.com/event/H47X7CXmAq2EQL7kNfg764J2zcRU52gXsx8JXuMPxQqV
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