🎯Attention PLOT Heads 🎯
The PLOT Head Beta Challenge Day 4 has ended and the winners' list has been updated here: http://bitly.ws/ahHR
Congratulations to the days' winners! 💪🏼
And to everyone else, 3 days are still wide open for you to come in and swoop the rewards. Though don't wait around much longer if you want to have a shot at the top weekly prize of $750!
So, get on the PlotX Beta (https://app.plotx.io) to #PredictOnPlotX and stand a chance to win daily as well as weekly rewards from a prize pool of $3000!! 🏆
Challenge Details: http://bitly.ws/amEH
Product Stats 📊
Yield Farming APY: 216%
No. of Markets Created: 628
No. of Participants: 214
The PLOT Head Beta Challenge Day 4 has ended and the winners' list has been updated here: http://bitly.ws/ahHR
Congratulations to the days' winners! 💪🏼
And to everyone else, 3 days are still wide open for you to come in and swoop the rewards. Though don't wait around much longer if you want to have a shot at the top weekly prize of $750!
So, get on the PlotX Beta (https://app.plotx.io) to #PredictOnPlotX and stand a chance to win daily as well as weekly rewards from a prize pool of $3000!! 🏆
Challenge Details: http://bitly.ws/amEH
Product Stats 📊
Yield Farming APY: 216%
No. of Markets Created: 628
No. of Participants: 214
🗒 Increasing the Market Creation Rewards - PlotX Improvement Proposal (PIP)
What is this PIP about?
This PIP is for increasing the market creation rewards by distributing the gas cost incurred by Market Creator in the form of PLOT along with an opportunity to receive a up to 10% of the reward pool in that market.
Abstract
This proposal details incentive realignment for rewarding market creators in PLOT + Reward Pool share by looking at the following parameters:
- Gas amount used in market creation transaction (average of 650K)
- Gas price paid by market creator (for eg 30 Gwei)
- Ethereum gas price for fast transaction mining
- Price of PLOT in ETH
- Amount staked for Play Mining (determines the % share of reward pool from 1% to 10%)
Voice your opinion of this PIP in the PlotX Research Forum
https://research.plotx.io/t/pip-reconfiguration-of-market-creation-incentives/37
What is this PIP about?
This PIP is for increasing the market creation rewards by distributing the gas cost incurred by Market Creator in the form of PLOT along with an opportunity to receive a up to 10% of the reward pool in that market.
Abstract
This proposal details incentive realignment for rewarding market creators in PLOT + Reward Pool share by looking at the following parameters:
- Gas amount used in market creation transaction (average of 650K)
- Gas price paid by market creator (for eg 30 Gwei)
- Ethereum gas price for fast transaction mining
- Price of PLOT in ETH
- Amount staked for Play Mining (determines the % share of reward pool from 1% to 10%)
Voice your opinion of this PIP in the PlotX Research Forum
https://research.plotx.io/t/pip-reconfiguration-of-market-creation-incentives/37
PlotX Research
PIP: Increasing the Market Creation Rewards
Preamble Title: Increasing the Market Creation Rewards Simple Summary Increasing the market creation rewards from 50 PLOTs to a dynamically calculated value in PLOTs that equals the gas cost incurred by Market Creator along with an opportunity to claim…
🎯Attention PLOT Heads 🎯
The PLOT Head Beta Challenge Day 5 has ended and the winners' list has been updated here: http://bitly.ws/ahHR
Congratulations to the days' winners! 💪
And to everyone else, 2 days are still wide open for you to come in and swoop the rewards. Though, if you want to have a shot at the top weekly prize of $750, you gotta hurry!
So, get on the PlotX Beta (https://app.plotx.io) to #PredictOnPlotX and stand a chance to win daily as well as weekly rewards from a prize pool of $3000!! 🏆
Challenge Details: http://bitly.ws/amEH
Product Stats 📊
Yield Farming APY: 218%
No. of Markets Created: 676
No. of Participants: 241
The PLOT Head Beta Challenge Day 5 has ended and the winners' list has been updated here: http://bitly.ws/ahHR
Congratulations to the days' winners! 💪
And to everyone else, 2 days are still wide open for you to come in and swoop the rewards. Though, if you want to have a shot at the top weekly prize of $750, you gotta hurry!
So, get on the PlotX Beta (https://app.plotx.io) to #PredictOnPlotX and stand a chance to win daily as well as weekly rewards from a prize pool of $3000!! 🏆
Challenge Details: http://bitly.ws/amEH
Product Stats 📊
Yield Farming APY: 218%
No. of Markets Created: 676
No. of Participants: 241
🎯Attention PLOT Heads 🎯
The PLOT Head Beta Challenge Day 6 has ended and the winners' list has been updated here: http://bitly.ws/ahHR
Congratulations to the days' winners! 💪
Get on the PlotX Beta (https://app.plotx.io) to #PredictOnPlotX and stand a chance to win daily as well as weekly rewards from a prize pool of $3000!! 🏆
Challenge Details: http://bitly.ws/amEH
Product Stats 📊
Yield Farming APY: 216%
No. of Markets Created: 720
No. of Participants: 242
The PLOT Head Beta Challenge Day 6 has ended and the winners' list has been updated here: http://bitly.ws/ahHR
Congratulations to the days' winners! 💪
Get on the PlotX Beta (https://app.plotx.io) to #PredictOnPlotX and stand a chance to win daily as well as weekly rewards from a prize pool of $3000!! 🏆
Challenge Details: http://bitly.ws/amEH
Product Stats 📊
Yield Farming APY: 216%
No. of Markets Created: 720
No. of Participants: 242
🎯Attention PLOT Heads 🎯
The PLOT Head Beta Challenge has wrapped up successfully and the list of winners of the $3000 worth bPLOTs pool has been updated here: http://bitly.ws/ahHR
Over the course of the last week, PLOT Heads have been lighting the Challenge on fire, with:
- Participation from over 82 unique addresses
- Over 640 predictions made
- Around $9000 worth of $PLOT used to make predictions
Congratulations to all the winners! 🏆
Enjoy your bounty in addition to the profit you made on the app! 🤑
Product Stats 📊
Yield Farming APY: 210%
No. of Markets Created: 770
No. of Participants: 245
The PLOT Head Beta Challenge has wrapped up successfully and the list of winners of the $3000 worth bPLOTs pool has been updated here: http://bitly.ws/ahHR
Over the course of the last week, PLOT Heads have been lighting the Challenge on fire, with:
- Participation from over 82 unique addresses
- Over 640 predictions made
- Around $9000 worth of $PLOT used to make predictions
Congratulations to all the winners! 🏆
Enjoy your bounty in addition to the profit you made on the app! 🤑
Product Stats 📊
Yield Farming APY: 210%
No. of Markets Created: 770
No. of Participants: 245
Voting Open for "Increasing Market Creation Rewards"
It's time for the on-chain vote on the Market Creation rewards.
Please go through the details below & show your support by participating in the vote.
Summary
We want to fix the current market creation incentive i.e. 50 PLOT
This vote is for increasing the market creation rewards from 50 PLOT to a dynamically calculated value in PLOT that equals the gas cost incurred by the Market Creator along with an opportunity to claim upto 5% of the reward pool in the created market.
Voting Steps
1. Visit https://govern.plotx.io/proposals/10 and connect your Metamask wallet with the PLOT address
2. Read the proposal in detail
3. Participate in the vote by choosing to "Accept" or "Reject" the vote
Timeline
Voting has started as of 9th Nov 2020 10:23 AM UTC, and will end in 3 days
Voting Incentive
A total of 1000 PLOT are being distributed as an incentive for vote participation
Head over to https://govern.plotx.io/proposals/10 to participate in the community vote!
It's time for the on-chain vote on the Market Creation rewards.
Please go through the details below & show your support by participating in the vote.
Summary
We want to fix the current market creation incentive i.e. 50 PLOT
This vote is for increasing the market creation rewards from 50 PLOT to a dynamically calculated value in PLOT that equals the gas cost incurred by the Market Creator along with an opportunity to claim upto 5% of the reward pool in the created market.
Voting Steps
1. Visit https://govern.plotx.io/proposals/10 and connect your Metamask wallet with the PLOT address
2. Read the proposal in detail
3. Participate in the vote by choosing to "Accept" or "Reject" the vote
Timeline
Voting has started as of 9th Nov 2020 10:23 AM UTC, and will end in 3 days
Voting Incentive
A total of 1000 PLOT are being distributed as an incentive for vote participation
Head over to https://govern.plotx.io/proposals/10 to participate in the community vote!
🔎 [Blog Post] How Are Rewards Calculated On PlotX?
More than $26,000 worth of rewards have been distributed on the PlotX Beta since its launch on Oct 13th. Wondered how were those rewards calculated? This article explores the answer to that question and more.
Read here: https://bit.ly/3nbOZe4
Product Stat of the Day 📊
275 unique users have now made a prediction on PlotX
More than $26,000 worth of rewards have been distributed on the PlotX Beta since its launch on Oct 13th. Wondered how were those rewards calculated? This article explores the answer to that question and more.
Read here: https://bit.ly/3nbOZe4
Product Stat of the Day 📊
275 unique users have now made a prediction on PlotX
The PlotX Liquidity Mining Program is getting extended! 🚜
We have heard your calls and are excited to announce that the PlotX Liquidity Mining Program has been extended by 60 days!
Here’s a quick summary of the program
- 10,000 PLOTs to be distributed daily
- Rewards accrued every second
- No vesting / No lockup - instantly claimable rewards
- Farm Start Date: 12th Nov’20, 2 PM (UTC)
- Farm End Date: 11th Jan’21, 2 PM (UTC)
Read more: https://bit.ly/2UieA8Q
So PLOT Heads, don’t miss out on participating in the new extended program and farm yourself some free $PLOT!
Product Stat of the Day 📊
Over 900,000 PLOT have been been used to make predictions on PlotX
We have heard your calls and are excited to announce that the PlotX Liquidity Mining Program has been extended by 60 days!
Here’s a quick summary of the program
- 10,000 PLOTs to be distributed daily
- Rewards accrued every second
- No vesting / No lockup - instantly claimable rewards
- Farm Start Date: 12th Nov’20, 2 PM (UTC)
- Farm End Date: 11th Jan’21, 2 PM (UTC)
Read more: https://bit.ly/2UieA8Q
So PLOT Heads, don’t miss out on participating in the new extended program and farm yourself some free $PLOT!
Product Stat of the Day 📊
Over 900,000 PLOT have been been used to make predictions on PlotX
PlotX Liquidity Mining Extension is now live!
The UWETH/PLOT (Nov-Jan'21) Farm is now live on liquidity.plotx.io. Deposit your Uniswap V2 LP tokens now.
Here’s a quick recap of the program
- 10,000 PLOTs to be distributed daily
- Rewards accrued every second
- No vesting / No lockup - instantly claimable rewards
- Farm Start Date: 12th Nov’20, 2 PM (UTC)
- Farm End Date: 11th Jan’21, 2 PM (UTC)
Read more on how to participate: https://bit.ly/2UieA8Q
Get farming now and enjoy your $PLOTs! 🚜
Note: Existing farmers will need withdraw their LP tokens from the previous farm, UWETH/PLOT (Oct-Nov'20) and deposit them into the new one.
The UWETH/PLOT (Nov-Jan'21) Farm is now live on liquidity.plotx.io. Deposit your Uniswap V2 LP tokens now.
Here’s a quick recap of the program
- 10,000 PLOTs to be distributed daily
- Rewards accrued every second
- No vesting / No lockup - instantly claimable rewards
- Farm Start Date: 12th Nov’20, 2 PM (UTC)
- Farm End Date: 11th Jan’21, 2 PM (UTC)
Read more on how to participate: https://bit.ly/2UieA8Q
Get farming now and enjoy your $PLOTs! 🚜
Note: Existing farmers will need withdraw their LP tokens from the previous farm, UWETH/PLOT (Oct-Nov'20) and deposit them into the new one.
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$PLOT to list on BitMax!
Listing Details
$PLOT will be listed on BitMax.io on 13th November, 2020 at 10 AM EST
BitMax Trading Pair: PLOT/USDT
Current Token Metrics:
Market Cap: ~$800K
Fully Diluted Valuation: ~$11mil
Token Holders: 1870 holders
The $PLOT listing on BitMax is the 1st step in a long-term strategic partnership between PlotX & BitMax. BitMax will further support PLOT staking, with a high-yield pre-staking program.
More details here: https://bit.ly/35r5Qnb
Listing Details
$PLOT will be listed on BitMax.io on 13th November, 2020 at 10 AM EST
BitMax Trading Pair: PLOT/USDT
Current Token Metrics:
Market Cap: ~$800K
Fully Diluted Valuation: ~$11mil
Token Holders: 1870 holders
The $PLOT listing on BitMax is the 1st step in a long-term strategic partnership between PlotX & BitMax. BitMax will further support PLOT staking, with a high-yield pre-staking program.
More details here: https://bit.ly/35r5Qnb
Hey PLOT Heads!
As a run up to the listing of $PLOT on BitMax, the PlotX Team would be participating in an AMA with Bonna Zhu, Asia Head of Business Development at BitMax.io.
Chinese AMA
Timing: Friday, 13th November, 2020 at 7 am EST
Where: BitMax Official WeChat (QR code in the graphic)
English AMA
Timing: Friday, November 13th, at 8 am EST
Where: https://t.me/BitMaxioEnglishOfficial
Top questions will be rewarded 200 PLOT each, so come on over and ask us all your questions!
As a run up to the listing of $PLOT on BitMax, the PlotX Team would be participating in an AMA with Bonna Zhu, Asia Head of Business Development at BitMax.io.
Chinese AMA
Timing: Friday, 13th November, 2020 at 7 am EST
Where: BitMax Official WeChat (QR code in the graphic)
English AMA
Timing: Friday, November 13th, at 8 am EST
Where: https://t.me/BitMaxioEnglishOfficial
Top questions will be rewarded 200 PLOT each, so come on over and ask us all your questions!
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$PLOT now trading on BitMax.io 💱
PLOT/USDT pair is now live for trading on BitMax.io! Trade your heart out.
To celebrate the listing, 2 trading events have been launched by BitMax with rewards upto $50,000.
You can find more details about them here: https://bit.ly/PlotXonBitMax
Another milestone crossed. Thank you PLOT Heads!
Product Stat of the Day📊
Over $60k worth of ETH and PLOT have been used for Predictions till now.
PLOT/USDT pair is now live for trading on BitMax.io! Trade your heart out.
To celebrate the listing, 2 trading events have been launched by BitMax with rewards upto $50,000.
You can find more details about them here: https://bit.ly/PlotXonBitMax
Another milestone crossed. Thank you PLOT Heads!
Product Stat of the Day📊
Over $60k worth of ETH and PLOT have been used for Predictions till now.
Last week in PlotX 👇
💸 $PLOT Listed on BitMax!
More than $50k in rewards up for grabs by trading PLOT. Learn more
🗳 First on-chain community vote for PlotX was successfully passed
Become a part of the discussions here
🚜 The PlotX Liquidity Mining program extended for 2 more months
Get your new farms set up right away! More details here
📊 PlotX Beta crossed 300 unique users!
Head over to the App to #PredictOnPlotX
RT: https://twitter.com/TryPlotX/status/1328319358901239809
💸 $PLOT Listed on BitMax!
More than $50k in rewards up for grabs by trading PLOT. Learn more
🗳 First on-chain community vote for PlotX was successfully passed
Become a part of the discussions here
🚜 The PlotX Liquidity Mining program extended for 2 more months
Get your new farms set up right away! More details here
📊 PlotX Beta crossed 300 unique users!
Head over to the App to #PredictOnPlotX
RT: https://twitter.com/TryPlotX/status/1328319358901239809
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PlotX Liquidity Mining Program is back on CoinGecko 🚜
How to access:
1. Head to https://www.coingecko.com/en/yield-farming
2. Search for PLOT
3. Check the real-time APY and total value locked
Setup your own PLOT farm now:
liquidity.plotx.io
Read more about the PlotX liquidity mining program:
https://docs.plotx.io/plot-token-1/liquidity-mining
📊 Product Stat of the Day
~500k PLOT have been distributed as Liquidity Mining rewards till now!
How to access:
1. Head to https://www.coingecko.com/en/yield-farming
2. Search for PLOT
3. Check the real-time APY and total value locked
Setup your own PLOT farm now:
liquidity.plotx.io
Read more about the PlotX liquidity mining program:
https://docs.plotx.io/plot-token-1/liquidity-mining
📊 Product Stat of the Day
~500k PLOT have been distributed as Liquidity Mining rewards till now!
📝 Reducing Gas Costs in PlotX Prediction Markets - PlotX Improvement Proposal (PIP)
What is the PIP about?
This PIP is for optimizing the PlotX Smart Contracts to reduce gas costs for creating markets, participating in markets, and claiming rewards.
Abstract
This proposal details an optimization strategy for PlotX Smart Contracts to reduce the cost of interaction with the smart contracts, i.e., the gas cost spent in PlotX market creation, making predictions and claiming rewards.
The following areas are identified for optimization:
- Converting multiple market contracts to a single market contract
- Removing the Leverage functionality
- Implementing Deposit & Predict functionality
- Using accrued rewards for placing predictions without the need of claiming
- Change in option price calculation
Voice your opinion of this PIP in the PlotX Research Forum: https://research.plotx.io/t/pip-reducing-gas-costs-in-plotx-prediction-markets/50
What is the PIP about?
This PIP is for optimizing the PlotX Smart Contracts to reduce gas costs for creating markets, participating in markets, and claiming rewards.
Abstract
This proposal details an optimization strategy for PlotX Smart Contracts to reduce the cost of interaction with the smart contracts, i.e., the gas cost spent in PlotX market creation, making predictions and claiming rewards.
The following areas are identified for optimization:
- Converting multiple market contracts to a single market contract
- Removing the Leverage functionality
- Implementing Deposit & Predict functionality
- Using accrued rewards for placing predictions without the need of claiming
- Change in option price calculation
Voice your opinion of this PIP in the PlotX Research Forum: https://research.plotx.io/t/pip-reducing-gas-costs-in-plotx-prediction-markets/50
PlotX Receives a Process Quality Score of 88%!
DeFi Safety, a project bringing transparency around the security practices of projects, has reviewed the code quality of PlotX and given it a rating of 88%.
This score highlights how the PlotX tech team has been following good development practices along with clear documentation.
Here are the scores of some other DeFi projects that have also been reviewed by them:
Aave - 84%
Balancer - 74%
Curve Finance - 68%
Compound Finance - 88%
Nexus Mutual - 87%
Read the report here: https://docs.defisafety.com/finished-reviews/plotx
RT: https://twitter.com/TryPlotX/status/1329753110365962241
DeFi Safety, a project bringing transparency around the security practices of projects, has reviewed the code quality of PlotX and given it a rating of 88%.
This score highlights how the PlotX tech team has been following good development practices along with clear documentation.
Here are the scores of some other DeFi projects that have also been reviewed by them:
Aave - 84%
Balancer - 74%
Curve Finance - 68%
Compound Finance - 88%
Nexus Mutual - 87%
Read the report here: https://docs.defisafety.com/finished-reviews/plotx
RT: https://twitter.com/TryPlotX/status/1329753110365962241
📝Change the Market Cycle from 1 hour to 4 hours - PlotX Improvement Proposal
What is the PIP about?
This PIP is for increasing market cycle from 1 hour to 4 hours, providing market creators enough opportunity to promote and generate liquidity in their market
Abstract
This proposal describes the need for providing 4-hour markets such that the window for participation is sufficient for liquidity to build up. Longer markets also provide the opportunity for market creators to attract additional liquidity from their network.
This goes very well with the following 2 other PIPs that are in execution:
• Gas optimization proposal that is focused on reducing gas usage in the protocol
• Increased market creator incentives aligned to appropriately compensate users for creating markets and attracting liquidity
Voice your opinion of this PIP in the PlotX Research Forum:
https://research.plotx.io/t/pip-change-the-market-cycle-from-1-hour-to-4-hours/53
What is the PIP about?
This PIP is for increasing market cycle from 1 hour to 4 hours, providing market creators enough opportunity to promote and generate liquidity in their market
Abstract
This proposal describes the need for providing 4-hour markets such that the window for participation is sufficient for liquidity to build up. Longer markets also provide the opportunity for market creators to attract additional liquidity from their network.
This goes very well with the following 2 other PIPs that are in execution:
• Gas optimization proposal that is focused on reducing gas usage in the protocol
• Increased market creator incentives aligned to appropriately compensate users for creating markets and attracting liquidity
Voice your opinion of this PIP in the PlotX Research Forum:
https://research.plotx.io/t/pip-change-the-market-cycle-from-1-hour-to-4-hours/53
PlotX Research
PIP: Change the Market Cycle from 1 hour to 4 hours
Preamble PIP Number: PIP15 Title: Change the Market Cycle from 1 hour to 4 hours Simple Summary Increase market cycle from 1 hour to 4 hour market to provide enough opportunity for market creators to promote and generate liquidity in their market Abstract…
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The Big PlotX Update
PLOT Heads spoke and we listened! 👂
After a lot of analysis and community feedback, we are bringing some major updates to the PlotX Beta with the aim of increasing liquidity and improving the user experience.
- Hourly markets to be replaced by 4-hour markets ⏲
- A new gas optimisation strategy ⛽
- Increasing Market Creation Rewards 🤑
- New social media share buttons for markets 📢
- Ability to use pending rewards to make predictions 😎
- Deposit & Predict 💳
4-hour markets, new market creation rewards and social share feature are live in action right now!
Rest of the updates will be live as part of the gas optimisation update in the next 2 weeks 💪
Read more: https://medium.com/plotx/the-big-plotx-update-4acaa8eb592a
RT: https://twitter.com/TryPlotX/status/1330871909907529730
#PredictOnPlotX
PLOT Heads spoke and we listened! 👂
After a lot of analysis and community feedback, we are bringing some major updates to the PlotX Beta with the aim of increasing liquidity and improving the user experience.
- Hourly markets to be replaced by 4-hour markets ⏲
- A new gas optimisation strategy ⛽
- Increasing Market Creation Rewards 🤑
- New social media share buttons for markets 📢
- Ability to use pending rewards to make predictions 😎
- Deposit & Predict 💳
4-hour markets, new market creation rewards and social share feature are live in action right now!
Rest of the updates will be live as part of the gas optimisation update in the next 2 weeks 💪
Read more: https://medium.com/plotx/the-big-plotx-update-4acaa8eb592a
RT: https://twitter.com/TryPlotX/status/1330871909907529730
#PredictOnPlotX
Join us for a live AMA with Chainlink!
Ish Goel, cofounder of PlotX, will be participating in a live AMA with the good folks at Chainlink.
We'll be discussing a range of topics including our Chainlink integration, the big update we announced yesterday and our future roadmap!
Timing: 3:00 pm UTC, 24th November 2020
RSVP: https://events.chain.link/e/mjkqez/
RT: https://twitter.com/TryPlotX/status/1331194116273704963
Ish Goel, cofounder of PlotX, will be participating in a live AMA with the good folks at Chainlink.
We'll be discussing a range of topics including our Chainlink integration, the big update we announced yesterday and our future roadmap!
Timing: 3:00 pm UTC, 24th November 2020
RSVP: https://events.chain.link/e/mjkqez/
RT: https://twitter.com/TryPlotX/status/1331194116273704963
chain.link
Events | Chainlink
Together with our community, Chainlink is revolutionizing the way digital agreements are created around the world. Explore our upcoming events across the globe.
📢 $PLOT staking is now live on BitMax 📢
✅ 40% APR
✅ 90 day staking period
✅ Daily reward distribution cycle
Start Date: 25th Nov, 2020
End Date: 25 Feb, 2021
More details here
RT: https://twitter.com/TryPlotX/status/1331618455599030272
#PredictOnPlotX
✅ 40% APR
✅ 90 day staking period
✅ Daily reward distribution cycle
Start Date: 25th Nov, 2020
End Date: 25 Feb, 2021
More details here
RT: https://twitter.com/TryPlotX/status/1331618455599030272
#PredictOnPlotX