Event-Based Predictions
Last updated
Last updated
Take part in long-term, event-driven predictions, users can vote on significant outcomes with high relevance to global trends.
Example: Will pump.fun be banned in 2024 (UTC time)? Assume 3 people bet 600U on "Yes," and 2,000 people bet 10,000U on "No." The result is that it gets banned. Those who guessed incorrectly will not receive any rewards. The 3 winners will split the 10,000U according to the amount they bet.
The earlier the bet is placed, the higher the proportion of rewards. The coefficient bonus varies depending on the time of the bet, and the coefficient is denoted as R(t):
In which T = the total time range during which bets can be placed; while t = represents the specific time a user placed their bets.
Example: Will pump.fun be banned in 2024 (UTC time)? The event lasts for 100 days.
R(1) = 0.983
R(20) = 0.720
R(100) = 0.196
The final profits for A, B, and C are as follows:
