Last week in PlotX ๐
๐ธ $PLOT Listed on BitMax!
More than $50k in rewards up for grabs by trading PLOT. Learn more
๐ณ First on-chain community vote for PlotX was successfully passed
Become a part of the discussions here
๐ The PlotX Liquidity Mining program extended for 2 more months
Get your new farms set up right away! More details here
๐ PlotX Beta crossed 300 unique users!
Head over to the App to #PredictOnPlotX
RT: https://twitter.com/TryPlotX/status/1328319358901239809
๐ธ $PLOT Listed on BitMax!
More than $50k in rewards up for grabs by trading PLOT. Learn more
๐ณ First on-chain community vote for PlotX was successfully passed
Become a part of the discussions here
๐ The PlotX Liquidity Mining program extended for 2 more months
Get your new farms set up right away! More details here
๐ 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 ๐
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
๐ 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
๐ Product Stat of the Day
~500k PLOT have been distributed as Liquidity Mining rewards till now!
๐ 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
๐Change 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:
โข Gas optimization proposal that is focused on reducing gas usage in the protocol
โข 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:
โข Gas optimization proposal that is focused on reducing gas usage in the protocol
โข 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 Abstractโฆ
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The Big PlotX Update
PLOT Heads spoke and we listened! ๐
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 โฒ
- A new gas optimisation strategy โฝ
- Increasing Market Creation Rewards ๐ค
- New social media share buttons for markets ๐ข
- Ability to use pending rewards to make predictions ๐
- Deposit & Predict ๐ณ
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 ๐ช
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! ๐
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 โฒ
- A new gas optimisation strategy โฝ
- Increasing Market Creation Rewards ๐ค
- New social media share buttons for markets ๐ข
- Ability to use pending rewards to make predictions ๐
- Deposit & Predict ๐ณ
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 ๐ช
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.
๐ข $PLOT staking is now live on BitMax ๐ข
โ 40% APR
โ 90 day staking period
โ 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
โ 40% APR
โ 90 day staking period
โ 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
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Road to Gas Reduction on PlotX โฝ๏ธ
#1 Removing the Leverage Feature
As we work to release the gas optimized version update of PlotX soon, sharing an important change upfront - Removal of the Leverage Feature.
Read more here
RT: https://twitter.com/TryPlotX/status/1332274076530872320
#PredictOnPlotX
#1 Removing the Leverage Feature
As we work to release the gas optimized version update of PlotX soon, sharing an important change upfront - Removal of the Leverage Feature.
Read more here
RT: https://twitter.com/TryPlotX/status/1332274076530872320
#PredictOnPlotX
A PLOT Head (Kwoz) has initiated a BTC/USD market!
This is the beginning of the much awaited market creation rewards system - Kwoz is eligible to receive up to 5% of the rewards pool (apart from the gas reimbursement) for creating the market ๐ค
Do you think Bitcoin will bounce back from the dump? ๐ฎ
Market ๐
What will be the value of BTC on Sun, 29 Nov 2020 14:00:00 (UTC)?
#PredictOnPlotX and get rewarded
https://app.plotx.io/leaderboard/0xB8B381BC0Bf67152BCF5bf4a1F421846e2EBFcA9
This is the beginning of the much awaited market creation rewards system - Kwoz is eligible to receive up to 5% of the rewards pool (apart from the gas reimbursement) for creating the market ๐ค
Do you think Bitcoin will bounce back from the dump? ๐ฎ
Market ๐
What will be the value of BTC on Sun, 29 Nov 2020 14:00:00 (UTC)?
#PredictOnPlotX and get rewarded
https://app.plotx.io/leaderboard/0xB8B381BC0Bf67152BCF5bf4a1F421846e2EBFcA9
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Road to Gas Reduction on PlotX โฝ๏ธ
#2 Introducing Circling Back Rewards on PlotX
Now, You can #PredictOnPlotX using ETH and PLOT from your pending rewards WITHOUT having to make a separate claim transaction.
Read more here
RT:
https://twitter.com/TryPlotX/status/1334769771917713409?s=20
#PredictOnPlotX
#2 Introducing Circling Back Rewards on PlotX
Now, You can #PredictOnPlotX using ETH and PLOT from your pending rewards WITHOUT having to make a separate claim transaction.
Read more here
RT:
https://twitter.com/TryPlotX/status/1334769771917713409?s=20
#PredictOnPlotX
Tune in to the TDe.fi International 'Pitch Day' and catch the exclusive AMA session with PlotX CEO and co-founder Ish Goel.
โฒ December 4th, at 6:00 PM (UTC)
Watch the live feed here - https://bit.ly/2L0l9LC
โฒ December 4th, at 6:00 PM (UTC)
Watch the live feed here - https://bit.ly/2L0l9LC
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Road to Gas Reduction on PlotX โฝ๏ธ
Stop #3 - Announcing the Deposit & Predict feature!
Now, deposit your $ETH and $PLOT in the PlotX smart contracts once and subsequently use them to make several predictions at a much cheaper gas cost ๐ช
Read more here
RT: https://twitter.com/TryPlotX/status/1335970482265329666?s=20
Stop #3 - Announcing the Deposit & Predict feature!
Now, deposit your $ETH and $PLOT in the PlotX smart contracts once and subsequently use them to make several predictions at a much cheaper gas cost ๐ช
Read more here
RT: https://twitter.com/TryPlotX/status/1335970482265329666?s=20
๐Hey PLOT Heads!
We need your support to get PlotX (PLOT) listed on DeFi Platform, Zapper!
Weโre giving away 500 bPLOT split between five random users who help with the listing. The promotion will run for 48 hours, and then weโll choose the winners and get in contact with you!
What you need to do:
1. Upvote on Zapper: https://features.zapper.fi/token-protocol-requests/p/please-add-plotx-plot
2. Follow our Twitter: https://twitter.com/TryPlotX
3. Re-tweet with Comment & #PredictOnPlotX: https://twitter.com/TryPlotX/status/1330871909907529730
4. Fill out the form below and you are eligible!
Link to form: https://forms.gle/vRmYquCQSvqWUdv37
RT: https://mobile.twitter.com/TryPlotX/status/1336985927017631744
We need your support to get PlotX (PLOT) listed on DeFi Platform, Zapper!
Weโre giving away 500 bPLOT split between five random users who help with the listing. The promotion will run for 48 hours, and then weโll choose the winners and get in contact with you!
What you need to do:
1. Upvote on Zapper: https://features.zapper.fi/token-protocol-requests/p/please-add-plotx-plot
2. Follow our Twitter: https://twitter.com/TryPlotX
3. Re-tweet with Comment & #PredictOnPlotX: https://twitter.com/TryPlotX/status/1330871909907529730
4. Fill out the form below and you are eligible!
Link to form: https://forms.gle/vRmYquCQSvqWUdv37
RT: https://mobile.twitter.com/TryPlotX/status/1336985927017631744
Predictions on PlotX, now cheaper than Uniswap trades ๐ค๐ค
YES! The much awaited PlotX Big Update is here. Hereโs what it means for you:
๐ข 54% reduction in gas cost. Making a prediction now costs ~150,000 in gas. This is cheaper than making a Uniswap trade (~180,000)
๐ข Deposit & Predict, now live! Get your ETH & PLOT ready for depositing in the non-custodial PlotX smart contracts for a seamless prediction experience.
๐ข Reuse of Prediction Rewards, now live! Reuse your earnings from predictions to make more predictions :)
Hereโs a snapshot of all thatโs changing:
https://medium.com/plotx/on-reducing-gas-costs-reward-mining-some-christmas-cheer-af9698d7e1ec
Read till the end for a big surprise!
YES! The much awaited PlotX Big Update is here. Hereโs what it means for you:
๐ข 54% reduction in gas cost. Making a prediction now costs ~150,000 in gas. This is cheaper than making a Uniswap trade (~180,000)
๐ข Deposit & Predict, now live! Get your ETH & PLOT ready for depositing in the non-custodial PlotX smart contracts for a seamless prediction experience.
๐ข Reuse of Prediction Rewards, now live! Reuse your earnings from predictions to make more predictions :)
Hereโs a snapshot of all thatโs changing:
https://medium.com/plotx/on-reducing-gas-costs-reward-mining-some-christmas-cheer-af9698d7e1ec
Read till the end for a big surprise!
Free Predictions for Everyone - Announcing the 3 day PLOT Carnival
Christmas season is here! To celebrate the Big PlotX Update, weโre launching a 3 day carnival to fully reimburse userโs gas fees on PlotX
Here is whatโs in store for you:
- Gas fee for all predictions will be reimbursed for 3 days
- Referral bonus of 5% of total reimbursement per referral
- Carnival start time: 12 pm UTC, 15th Dec 2020
- Carnival end time: 12 pm UTC, 17th Dec 2020
PLOT Play 3 Day Carnival - Predict, Win, Repeat
Register here: https://forms.gle/nadbA1pun1PPYjdS9
More details: https://medium.com/plotx/plot-play-carnival-free-predictions-for-everyone-53e872ad0971
RT: https://twitter.com/TryPlotX/status/1337703770369581056?s=20
#PredictOnPlotX
Christmas season is here! To celebrate the Big PlotX Update, weโre launching a 3 day carnival to fully reimburse userโs gas fees on PlotX
Here is whatโs in store for you:
- Gas fee for all predictions will be reimbursed for 3 days
- Referral bonus of 5% of total reimbursement per referral
- Carnival start time: 12 pm UTC, 15th Dec 2020
- Carnival end time: 12 pm UTC, 17th Dec 2020
PLOT Play 3 Day Carnival - Predict, Win, Repeat
Register here: https://forms.gle/nadbA1pun1PPYjdS9
More details: https://medium.com/plotx/plot-play-carnival-free-predictions-for-everyone-53e872ad0971
RT: https://twitter.com/TryPlotX/status/1337703770369581056?s=20
#PredictOnPlotX
๐ And, we have the Winners!
๐ค A big thank you to all PLOT Heads for their active participation in the Zapper Giveaway contest.
Here are the 5 lucky winners who will share a reward pool of 500 bPLOT equally among them:
@bit_99
@kwozymoto
@Bumbr
@HuyHoang
@Captain_America07
Congratulations to all the winners. Rewards will be distributed soon ๐
The best way to earn rewards is to #PredictOnPlotX
The second best way is to follow our official handles for more such exciting contests!
Telegram
Discord
Twitter
๐ค A big thank you to all PLOT Heads for their active participation in the Zapper Giveaway contest.
Here are the 5 lucky winners who will share a reward pool of 500 bPLOT equally among them:
@bit_99
@kwozymoto
@Bumbr
@HuyHoang
@Captain_America07
Congratulations to all the winners. Rewards will be distributed soon ๐
The best way to earn rewards is to #PredictOnPlotX
The second best way is to follow our official handles for more such exciting contests!
Telegram
Discord
Telegram
PlotX [Official]
Fantasy Trivia on the go | Start earning with your knowledge of crypto, sports, movies, politics & many more categories today!
App: https://download.plotx.io/DownloadNow
Announcements: @plotx_ann
App: https://download.plotx.io/DownloadNow
Announcements: @plotx_ann
$PLOT now available on Zapper.fi!
Thanks to our community effort, $PLOT is now available on Zapper.fi
What you can do on Zapper.fi?
- You can trade $PLOT
- Provide liquidity in $PLOT/$ETH pool with any ETH based crypto-asset
- Track and Manage your $PLOT Investment & Liquidity Portfolio
Check out here: https://zapper.fi/invest
RT: https://twitter.com/TryPlotX/status/1339537172051869696
Happy Trading!
#PredictOnPlotX
Thanks to our community effort, $PLOT is now available on Zapper.fi
What you can do on Zapper.fi?
- You can trade $PLOT
- Provide liquidity in $PLOT/$ETH pool with any ETH based crypto-asset
- Track and Manage your $PLOT Investment & Liquidity Portfolio
Check out here: https://zapper.fi/invest
RT: https://twitter.com/TryPlotX/status/1339537172051869696
Happy Trading!
#PredictOnPlotX
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Road to Gas Reduction on PlotX โฝ๏ธ
Stop #4 - Updating the Option Pricing
Take a look at the new and improved option pricing mechanism that not only saves gas costs but also adjusts dynamically in accordance with the market participation.
Read more here
RT: https://twitter.com/TryPlotX/status/1341061119993999360?s=20
#PredictOnPlotX
Stop #4 - Updating the Option Pricing
Take a look at the new and improved option pricing mechanism that not only saves gas costs but also adjusts dynamically in accordance with the market participation.
Read more here
RT: https://twitter.com/TryPlotX/status/1341061119993999360?s=20
#PredictOnPlotX
As we wrap up 2020, here is looking back at the last year for us:
๐ฅ $225k TVL
๐ฎ 1.5M $PLOT used for >3500 predictions
๐ More than 20K strong global community
Some crazy new plans in the making for Q1 2021 ๐
#GoodBye2020 #HappyNewYear2021
RT: https://twitter.com/TryPlotX/status/1344670586526547969?s=20
๐ฅ $225k TVL
๐ฎ 1.5M $PLOT used for >3500 predictions
๐ More than 20K strong global community
Some crazy new plans in the making for Q1 2021 ๐
#GoodBye2020 #HappyNewYear2021
RT: https://twitter.com/TryPlotX/status/1344670586526547969?s=20
Twitter
PlotX
As we wrap up 2020, here is looking back at the last year for us: ๐ฅ $225K TVL ๐ฎ 1.5M $PLOT used for >3500 predictions ๐ More than 20K strong global community Some crazy new plans in the making for Q1 2021 ๐ #GoodBye2020 #HappyNewYear2021 #PredictOnPlotX โฆ