WaveSpread (COMING SOON)
Last updated
Last updated
WaveSpread offers an alternative to the popular up/down type game. The usual up/down prediction game offers players the possibility to enter small bets over short periods of time, and the winning side takes it all.
With WaveSpread, the funds switch side proportionally to the % that the price moved. This means that full liquidations happen only when prices move by 100% in either direction. At its foundation lie smart contracts audited by Open Zeppelin - which means that you can entrust it with larger amounts than your typical up/down game.
WaveSpread's prediction periods, called epochs are also designed to be flexible in duration, and you can also change the "leverage" parameters (you can add a multiplier - for example a 3x leveraged pool will move 30% of the funds from the losing side to the winning side if prices move by 10%). The type of deposit asset in any WaveSpread pool can also be different than the oracle used as well (for example you can deposit USDT and bet on the direction in which the floor price of an NFT will move).
By changing the epoch duration, leverage, deposit asset and oracles parameters you can create pools with radically different behaviours, for different uses.