🔑Key Features
Chainlink Integration for Trustworthy Automation
QuickPrediction integrates industry-leading Chainlink services to ensure accurate data feeds and automate processes across the platform:
Chainlink Price Feeds:
QuickPrediction relies on Chainlink's decentralized oracle system to fetch reliable real-time MATIC price data. The price feed is robust, tamper-proof, and resistant to manipulation, ensuring that all prediction outcomes are determined accurately.
How it works: Chainlink aggregates data from multiple trustworthy sources and delivers it to QuickPrediction’s smart contracts, minimizing the risk of price anomalies due to single-source dependencies.
This guarantees complete transparency and fairness in determining the results of each round.
Chainlink Automation (formerly Chainlink Keepers):
Round progression and operational tasks, such as concluding rounds, calculating results, and initiating the next round, are automated using Chainlink Automation.
This eliminates manual errors and ensures the platform runs smoothly 24/7, without requiring administrative intervention.
Chainlink Automation enhances user trust by creating an entirely autonomous and decentralized system.
With Chainlink handling both data accuracy and automation, users can enjoy QuickPrediction with confidence, knowing that the platform is operating reliably and objectively.
Auto-Pool Mechanism
One of QuickPrediction’s key innovations is its Auto-Pool Mechanism. This feature ensures that prediction rounds proceed smoothly, even in cases of low user participation:
If user bet contributions are insufficient to meet the minimum prize pool threshold, the Auto-Pool system allocates a small amount of operational funds to ensure the round can still be finalized.
This mechanism maintains the platform’s integrity and ensures every prediction game remains viable, even during periods of lower activity.
The Auto-Pool Mechanism removes the uncertainty typically associated with smaller or newly launched prediction markets, making QuickPrediction a more dependable and engaging platform.
Enhanced Betting Options
QuickPrediction introduces Reservation Betting, a feature that allows users to place bets up to three rounds in advance. With this functionality:
Users can plan and strategize based on market trends without having to monitor the platform continuously.
This feature offers flexibility, saving users time and effort while ensuring they don’t miss potential opportunities.
For example:
Imagine monitoring a market trend where you expect MATIC to rise steadily over the next 10 minutes. Instead of placing bets manually for every active round, you can use Reservation Betting to pre-place your bets for the next three rounds, allowing you to focus on other tasks while still participating in the prediction market.
Last updated