OptionRoom
4K subscribers
9 photos
98 links
OptionRoom - User governed oracle and forecast protocol built on Polkadot

www.optionroom.finance
Chat: @optionroomchatofficial
Twitter: https://twitter.com/option_room
Download Telegram
$COURT has now been listed on PancakeSwap!

#ETH token contract: 0x0538A9b4f4dcB0CB01A7fA34e17C0AC947c22553

#BSC token contract:
0x75dcb13c357983b6281bdcd57d2d6e66f8c6086a

$COURT can be swapped across chains on: https://www.chainswap.exchange/

https://twitter.com/option_room/status/1392844322425483266?s=20

ChainSwap team managed to solve the problem quicker than expected.
OptionRoom public beta protocol launch is next month

We will be posting infographics in anticipation of the forecast market launch.

Here is the OptionRoom forecast market flow
👇🏽

$ROOM

https://twitter.com/option_room/status/1396826628949413891?s=20
Economic Model for OptionRoom forecast markets👇🏽

$ROOM

https://twitter.com/option_room/status/1397497327577862146?s=20
We are launching our prediction market product in less than 6 days!

Which niche of predictions are you excited to create/participate in on launch?

$ROOM / $COURT

https://twitter.com/option_room/status/1408412524895162378
.@chain_swap has been hacked and @option_room is affected!

ChainSwap hacker have hacked 2,314,640
$ROOM worth $550,000 from the cross-chain contract including multiple other tokens.

The OptionRoom team has decided to take a quick decision and pull all liquidity.
Team is going to sell into the existing Uniswap liquidity and airdrop all liquidity providers and existing holders a new $ROOM token snapshotted before the hack. The new $ROOM token will be relisted with all of the liquidity pre hack. Exchanges will also reddem 1:1
Snapshot pre-hack has been taken, please do not buy any of the existing $ROOM from open market.

Snapshot holders and LPs will get airdropped 1:1
$ROOM tokens pre-hack, this includes $ROOM holders on exchanges.

https://twitter.com/option_room/status/1413973063654428684?s=20
OptionRoom $ROOM token swap status 👇🏽

- All contracts revised and ready for deployment (on 22/07/2021)
- Coin names/tickers will stay the same $ROOM / $COURT
- ROOM/COURT tokens made pausable (contract will automatically unpause in 2 hours)
- Address blacklist function introduced (block function available to deployer only 15 minutes after token contract pause) - this will be a governance feature later
- Airdrop calculations complete (BSC/ETH ROOM/COURT holders, plus tokens locked in smart contracts)
- All vesting/reward contracts will resume with values that were claimable prior to the hack
- Exchanges will be notified to start preparations for the airdrop
- Pre hack liquidity will be added to Pancakeswap on 22/07
- Airdrop will happen on 22/07 this includes previous
$ROOM and $COURT holders, LPs, protocol users, stakers

Thank you for your patience 🙌🏾
Dear Community,

- In the last 2 weeks after the chainswap hack, we were working hard to restore OptionRoom to the pre-hack state with the following steps taken:
- All smart contracts were reviewed to add safety measures, to ensure a quick recovery in case of the unforeseen
- Token holdings prior to the hack were calculated for each address, and were airdropped on the BSC network
- Our smart contracts were analyzed to calculate each users deposits in all the contracts
- Token deposits into smart contracts were reflected into the newly deployed contracts, so users will be able to withdraw their tokens/rewards from the new contracts same as it was prior to the hack
- Liquidity providers will be airdropped pancake LP tokens based on their LP share of the Uniswap LP tokens prior to the hack (1:1 in value)
- Old markets had to be disabled, we are preparing a UI to allow users to redeem their participation tokens and withdraw provided liquidity

The new ROOM token address on (BSC) is:

0x3C45A24d36Ab6fc1925533C1F57bC7e1b6fbA8a4

@coingecko and @CoinMarketCap has been contacted about updating data we expect them to do this shortly!