5 Minutes Market Forecast
Last updated
Last updated
Participate in quick, high-stake markets like the "5 Minutes Market Forecast," where users predict whether assets like $BTC, $ETH or $SOL will rise or fall within 5 minutes.
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 = 0.00718
At the 1st second, R(1) = 99.29;
At the 10th second R(10) = 92.97;
At the 30th second R(30) = 79.65,
Example: For the next 5 minutes, will the price of Hippo 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 second with 100U, 10th second with 200U, and 30th second with 300U respectively.The distribution of profits is as follows:
To prevent last-second betting, the final 75 seconds are a lockout period, and betting transactions signed on-chain during these last 75 seconds will be refunded.