0bOptions & Chainlink Integration
0bOptions, an automated prediction market, has integrated Chainlink Keepers on Polygon mainnet.
They are leveraging Chainlink Keepers to securely and cost-efficiently automate the 5-minute cycles of prediction rounds. As a result, each user will have a smooth, fast, and simple experience using 0bOptions.
0bOptions decided to decentralize 0bOptions’ sequencing function using Chainlink Keepers because it is operated by the same pool of time-tested, provably reliable node operators. The proven infrastructure of Chainlink helps ensure that every round’s beginning and end is executed on time in a trust-minimized manner.
0bOptions are currently using Chainlink Keepers to optimize the automation of smart contract and Chainlink Price Feeds. The goal is to provide highly reliable and transparent pricing for prediction market. 0bOptions are currently using the ETH/USD Price Feed, but as community grows.
“We wanted the most transparent, efficient, and reliable automation solution available to help reassure our community that the protocol would keep working exactly as intended. Chainlink Keepers are the most reliable smart contract automation solution in the Web3 space, so it made sense to integrate them into our dApp.” — Gianni-Alessandro, NGAMY
About Chainlink
Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.
About 0bOptions
0bOptions is a decentralized prediction market where users can make predictions on token prices every 5 minutes, and win if their prediction is correct. Some users will believe that the price will go up, some will believe that it will go down, and at the end of the round, the winning users receive a share of the total pooled amount.
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