finance.vote Integrates Chainlink Keepers to Automate and Decentralise Settlement of markets.vote
Finance.vote has integrated Chainlink Keepers live on the Ethereum mainnet. This integration supports their previously announced integration of Chainlink Price Feeds by creating a fully automated and decentralised process for settling financial prediction markets on the markets.vote dApp.
Each markets.vote prediction market starts at midnight UTC and ends exactly one week later at the same time. Right when one ends, a new one begins. These prediction markets allow users to stake tokens and then vote on which coin out of a curated list of ten will grow the most in terms of price percentage against the U.S. dollar. If a user votes on the winning token, they win a share of a network-generated rewards pool.
markets.vote prediction markets rely on Chainlink Price Feeds to get a volume-weighted global price for each of the ten tokens at the start and end of each prediction market, which is Sunday at midnight UTC. This gives prediction markets an accurate and tamper-proof starting and ending price to then calculate the change over the seven day period.
About Chainlink
Chainlink is the industry standard oracle network for powering hybrid smart contracts. Chainlink Decentralised Oracle Networks provide developers with the largest collection of high-quality data sources and secure off-chain computations to expand the capabilities of smart contracts on any blockchain. Managed by a global, decentralised community, Chainlink currently secures billions of dollars in value for smart contracts across decentralised finance (DeFi), insurance, gaming, and other major industries.
About finance.vote
finance.vote is a decentralised organisation that creates governance dApps for DAOs. They specialise in quadratic voting technology and price discovery, with a prediction market, a decentralised auction house and a suite of gasless multi-chain voting tools designed to upgrade governance across the DeFi space.
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