PancakeSwap Launches Prediction BETA

PancakeSwap Launches Prediction BETA

A new features where users could win at ever 5 minute interval. Users need to predict if the price of $BNB/USDT will go higher or lower than it was when the “LIVE” phase starts.

For the security and fair data, PancakeSwap has integrated Chainlink’s $BNB/USD Price Feed on Binance Smart Chain mainnet.

Conditions:

1. If you enter an “UP” position, and the BNBUSDT “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! or vice versa .

2. If you enter a “DOWN” position, and the BNBUSDT “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. or vice versa.

About PancakeSwap

PancakeSwap is decentralized exchange and 1st Automated Market Maker and Yield Farming on Binance Smart Chain.

PancakeSwap uses an automated market make r (AMM) model. That means that while you can trade digital assets on the platform, there isn’t an order book where you’re matched with someone else. Instead, you trade against a liquidity pool.

➡️Source:
https://pancakeswap.medium.com/pancakeswap-launches-prediction-beta-17b556a403a8