Gamified Prediction Markets on EntropyFi!
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Gamified Prediction Markets on EntropyFi!
Learning about EntropyFi’s gamified incentive model around lossless lottery prediction markets
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Prediction markets have been in place for quite some time already in DeFi. However, the way they’re setup entails that users take a loss on their principal whenever they make the wrong predictions. This model patterned after traditional prediction markets often results to poor user retention.
EntropyFi seeks to innovate upon this by combining lossless lottery with prediction markets to create a gamified incentive model that doesn’t penalize users for making the wrong prediction but is also able to reward correct users handsomely with amplified yields. With plans to provide pegged & bundled asset insurance markets, EntropyFi is definitely a platform that users must be paying attention.
Cheers,
Wassie Capital
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Gamified Prediction Markets on EntropyFi!
🙌 Together with:
Degate, a Decentralized Layer 2 Exchange based on optimistic rollups. DeGate will offer secure order-book trading that is faster and cheaper than mainnet. Degate also offers a fast and efficient L1 - L2 Bridge, testnet is operating now. Try it HERE!
DeFi Saver, is your hub for advanced DeFi management including automation and liquidation protection on Aave & MakerDAO. Join their discord to learn more about the community!
DeversiFi is a layer 2 exchange providing deep order books so you can avoid gas costs and frustration, saving you time and money with every trade or swap. DeFi should be open to everyone, not just whales. Join their community on Discord now!
🔥 Partner Project Updates
PolygonHermez is an open-source ZK-Rollup optimized for secure, low-cost and usable token transfers on the wings of Ethereum. Check it out here!
Zerion is a DeFi dashboard AND mobile app that enables any smartphone holder, anywhere in the world, to build and manage their decentralized finance (DeFi) portfolio. Check it out here!
⚠️ DISCLAIMER: Investing into cryptocurrency and DeFi platforms comes with inherent risk including technical risk, human error, platform failure and more. At certain points throughout this post, we might get commission for promoting certain projects, if this is the case we will always make sure it is clear. We are strictly an educational content platform, nothing we offer is financial advice. We are not professionals or licensed advisors.
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