PancakeSwap unveils its AI-Powered Prediction Market on Arbitrum with an attractive offer of up to 100% coverage for losses and a campaign featuring 60,000 ARB.

Decentralized exchange (DEX) PancakeSwap It has been revealed that an AI prediction market is now live on Arbitrum . This feature draws on AI-generated price data from a decentralized network Allora . Allora empowers applications by leveraging advanced AI functionalities that grow continuously through a network of machine learning (ML) models.

Traders can now utilize this new tool to forecast token price changes, including ETH, in short ten-minute segments, allowing them to compete for a portion of the prize pool in each round.

To join the action, users need to head over to PancakeSwap, select the Prediction section, choose Arbitrum, and pick a round they want to participate in. They can either follow AI predictions or trust their insights. Once that’s done, users just need to input their prediction amount, confirm the necessary transactions, and log into their wallet. After the round concludes in ten minutes, they can claim any winnings accrued.

PancakeSwap Kicks Off a Three-Month Initiative with a 60,000 ARB Reward Pool for ETH Price Forecasting

uk uz The platform has launched a three-month initiative urging participants to predict ETH’s price changes, with the chance to compete for a slice of a total reward pool of 60,000 ARB.

Participants will engage in four weekly challenges, each starting and concluding in a week. Remarkably, users may recover up to 100% of their losses based on eligible total losses, supported by a weekly reserve of 3,000 ARB for each user’s losses.

Furthermore, the top ten participants with the highest prediction volumes will share a reward pool of 1,500 ARB. To be eligible, users must accumulate a minimum of $1,000 in volume weekly. Plus, each week, ten lucky users making at least three predictions will win 100 ARB each.

Additionally, the top two users with the most net winnings will each collect 500 ARB every week. To take part, individuals must fulfill the requirement of achieving at least $1,000 in cumulative volume weekly.

PancakeSwap is a DeFi platform tailored for uz , allowing users to earn rewards through staking and farming, enter lotteries, and engage in governance voting. It operates on the Binance Smart Chain, focusing on fast transactions with minimal fees.