Take advantage of the new feature of OneSwap
As external factors become more uncertain since the first quarter of 2022, the crypto market has continued to fluctuate. It was recently reported that the Federal Reserve could raise interest rates by 50 basis points in May and that the crypto market could undergo a sharp price correction along with the US stock market. According to alternative.me, the Crypto Fear & Greed Index has seen wide swings in the past three months, plummeting to 11 (0 meaning “extreme fear”). In general, market fears have increased in recent times and excitement has dampened, which is related to the recent volatility of the crypto market.
Many investors believe that the crypto market would experience a period of volatility if the Fed were to raise interest rates by a scale that exceeds market expectations in May. That said, can’t we take advantage of market swings?
In fact, investors can still profit during market swings. PREDICTION, a new feature that OneSwap will launch soon, allows investors to bet on crypto rises/falls and win prizes. PREDICTION allows investors to profit whether the crypto price goes up or down.
Benefit from FORECAST despite market fluctuations
According to official news, OneSwap will introduce a new feature called “PREDICTION” on April 29. Once the feature has been launched, CET will allow investors to easily win prizes by betting on the market trend of a particular crypto per round (every ten minutes).
Suppose OneSwap opens a BTCUSDT prediction market, then 10 minutes later users can predict the USDT value of BTC and choose “Bet on rise” or “Bet on fall” and submit the amount of the bet (CET). The bet is temporarily deposited into the prize pool until the end of the round and winners can get their bet back and earn prizes.
Since PREDICTION only accepts CET, OneSwap will also launch a Prediction Trial Fund competition on April 23 that will offer free CET trial funds to users. Follow OneSwap on Twitter (@OneSwap: https://twitter.com/OneSwap) to stay informed.
After this new feature goes live, OneSwap is also launching the “Win Rate Ranking Reward Game” which will run from April 29 to 9:00 am on May 6 (UTC). The winning records of all users who placed a bet through PREDICTION during this period are covered by the Win Rate Ranking. After the event ends, the top 3 winners who placed no less than 50 bets will receive incredible CET rewards.
According to the official announcements, OneSwap will kick off a series of events related to the new feature in the past period. All users who followed @OneSwap on Twitter could win the following rewards:
Collect CET trial fees for PREDICTION on April 23; Earn prizes by betting on price trends via PREDICTION on April 29; The top 3 winners of the Win Rate Ranking Reward Game who placed at least 50 bets before May 6th will receive CET rewards.
Drive growth through innovation and build a thriving DeFi ecosystem
OneSwap is a fully decentralized transaction protocol based on smart contracts. It does not require permission to list tokens and supports automated market making (AMM) and the order book. Additionally, OneSwap enhances interactions between users and platforms through the built-in OneSwap Wallet, providing one-stop transaction experiences.
Since its inception on September 19, 2020, OneSwap has been running securely and stably on multiple public chains, including ETH, CSC, TRON, and BSC. In addition, it has continued to introduce innovative features and optimize existing features to create differentiated benefits. Unlike other liquidity mining products, OneSwap has introduced an AMM-based on-chain order book, powered by smart contracts, that increases the liquidity of users’ crypto assets and solves the liquidity challenges facing DeFi. In the field of smart contracts, OneSwap uses a flexible data structure to minimize gas costs for users and charge lower transaction costs. In February 2022, OneSwap launched multi-crypto merged mining, which allows users to mine more types of cryptos. PREDICTION, a new OneSwap feature coming soon, will help investors win prizes through crypto volatility and will start a gambling game after it goes live.