🤼Binary Option Prediction Market
In Wisp-Prediction V1, a Binary Options DPM was incorporated due to its simplicity and user-friendliness.
It's easy to take part:
Predict if the price of SUI-USD will be higher or lower than it was when the “LIVE” phase starts.
If you enter an “UP” position, and the “Closed Price” is higher than the “Locked Price” at the end of the 5-minute LIVE phase, you WIN! And if it’s lower, you lose.
If you enter a “DOWN” position, and the “Closed Price” is higher than the “Locked Price” at the end of the 5-minute LIVE phase, you LOSE! If it’s lower, you win.
| Position | Close price > Locked Price | Close price < Locked Price |
|---|---|---|
UP | WIN | LOSE |
DOWN | LOSE | WIN |
Why should you play Wisp-Prediction?
1️⃣ Easy to play: Super-simple game mode with only 3 steps to win.
2️⃣ Short round: Each round lasts 5 minutes, so there is no long waiting time: more rounds, more chances to win.
3️⃣ Transparency: WISP-Prediction use Chainlink Price Feed for the Locked Price and Close Price. This updates in intervals of 5 minutes and is used to determine the winning position side.
4️⃣ Nice return rate: The Payout Ratio for each Pool = Total Value of Both Pools ÷ Value of that Pool. In case more people go to the other pool and you win, the return rate will be great.
In addition, 3% of each round’s total pot will be sent to the Treasury to support the price of WISP and benefit holders in the long term.
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