120 Seconds Market Forecast
Last updated
Last updated
Participate in quick, high-stake markets like the "120 Seconds Market Forecast," where users predict whether assets like $BTC, $ETH or $SOL will rise or fall within 120 Seconds.
Time Coefficient Curve: The earlier the bet is placed, the higher the proportion of rewards. The coefficient bonus varies based on the time of the bet, and the coefficient is denoted as R(t):
C = 100; k=0.0193
The coefficient at the 1st Seconds is R(1) = 98.08; at the 30th Seconds is R(30) = 56.08; and at the 60th Seconds is R(60) = 31.35.
Example: For the next 120 Seconds, will the price of BTC rise or fall? Assume 3 people bet 600U predicting a rise, and 10,000 people bet 10,000U predicting a fall, and the final result is a rise. Those who predict incorrectly will not receive any rewards. The winners, who predict correctly, will split the 10,000U based on the amount and time they bet.
Example of Profit Distribution: The winners A, B, and C will divide a total of 10,000U accumulated from the losers. A, B and C placed their bets at the 1st Seconds with 100U, 30th Seconds with 200U, and 60th Seconds with 300U respectively. The distribution of profits is as follows:
To prevent last-second betting, the final 30 Seconds are a lockout period, and betting transactions signed on-chain during these last 30 Seconds will be refunded.