💧INFDEX
INFDEX
INFDEX Game
Basic Gameplay
You can make a move in the round marked “NEXT”.
• 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.
• In the very rare occurrence that the Locked Price is exactly the same as the Closed Price, no one wins, and all funds entered into positions will be sent to the treasury to be used for ING buybacks to burn.
We will obtain the oracle’s address on the Poly chain: 0xc907E116054Ad103354f2D350FD2514433D57F6f Note that answer and updatedAt may change between queries. If there are discrepancies found in the price predictions between two consecutive queries, the prediction system will be halted.
The system will proceed in rounds, with each round being continuous.
The system's fee (2%) will be used for ING buybacks.
Users' multiple unwithdrawn earnings will be combined for withdrawal.
If there is no counter party in a round or it is one-sided, users will have no earnings.
When the system stops, users can withdraw their input from the most recent prediction.
Regarding the system's shutdown
If the price is failed to be obtained at multiple points within a unit time period (1 minute), the system will automatically stop.
If the timestamp of the price obtained is not within our set timestamp + a buffer time forward and backward (30 seconds), the system will stop.
After the system stops, the front end will remain in a closed or calculating state.
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