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

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

📢 $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

Road to Gas Reduction on PlotX ⛽️
#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 🤑

Do you think Bitcoin will bounce back from the dump? 🔮

Market 👇
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

Road to Gas Reduction on PlotX ⛽️
#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.

⏲ December 4th, at 6:00 PM (UTC)

Watch the live feed here - https://bit.ly/2L0l9LC

Road to Gas Reduction on PlotX ⛽️

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 💪

Read more here

RT: https://twitter.com/TryPlotX/status/1335970482265329666?s=20

🔈Hey PLOT Heads!

We need your support to get PlotX (PLOT) listed on DeFi Platform, Zapper!

We’re giving away 500 bPLOT split between five random users who help with the listing. The promotion will run for 48 hours, and then we’ll 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 🤑🤑

YES! The much awaited PlotX Big Update is here. Here’s what it means for you:

🐢 54% reduction in gas cost. Making a prediction now costs ~150,000 in gas. This is cheaper than making a Uniswap trade (~180,000)

🐢 Deposit & Predict, now live! Get your ETH & PLOT ready for depositing in the non-custodial PlotX smart contracts for a seamless prediction experience.

🐢 Reuse of Prediction Rewards, now live! Reuse your earnings from predictions to make more predictions :)

Here’s a snapshot of all that’s 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, we’re launching a 3 day carnival to fully reimburse user’s gas fees on PlotX

Here is what’s 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

🎖 And, we have the Winners!

🤗 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 🎉


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

$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

Road to Gas Reduction on PlotX ⛽️

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:

🔥 $225k TVL
🔮 1.5M $PLOT used for >3500 predictions
🌐 More than 20K strong global community

Some crazy new plans in the making for Q1 2021 👀

#GoodBye2020 #HappyNewYear2021

RT: https://twitter.com/TryPlotX/status/1344670586526547969?s=20

📝Optimising Gas Cost for Settlement of Markets

What is this PIP about?
This PIP is for optimising the smart contract to settle markets more efficiently

Abstract
This proposal describes gas optimization in settlement of markets. Instead of computing the settlement price on chain, it is proposed to calculate the settlement price off chain and verify the correctness of price on chain.


With the recent gas price surge and ETH volatility, the Chainlink price feed has been posting a lot more data. This has resulted in more gas cost for parsing through the feed to settle markets.

Please note that some markets may remain inaccessible till the update has been pushed.

https://research.plotx.io/t/pip-optimising-gas-cost-for-settlement-of-markets/63

"Is PlotX an exchange?"

Simply put, PlotX is a zero-sum prediction game.

Watch this exclusive conversation between Kartic Rakhra and @TradeDOG1's OhHeyMatty, where they discuss what PlotX is and how it's different from other prediction markets: https://www.youtube.com/playlist?list=PLit7AiGEreB8tN0zpngE-goubXoxRdUZc

RT: https://twitter.com/TryPlotX/status/1346760097708404736?s=20

PlotX 2020 - Best of the Best

PLOT Heads lit up our 2020 with some amazing predictions. Here is recounting the best of the best:

The first set of awards are for the traders with the best ROI. Here are the winners

"Most Profitable Traders of the Year"

- 0x7d56d19fc9841005f8e9b17084a92bbaba37c21e
- 0xa39af23c41157a5e10d194a81110c9dc4db8a3b6
- 0x723a8ef01f3c3aa0fb50f49f9999e74ecfc85ff8

Note: 𝑆𝑡𝑎𝑡𝑠 𝑝𝑟𝑖𝑜𝑟 𝑡𝑜 𝑖𝑛𝑡𝑟𝑜𝑑𝑢𝑐𝑡𝑖𝑜𝑛 𝑜𝑓 4-ℎ𝑜𝑢𝑟𝑙𝑦 𝑚𝑎𝑟𝑘𝑒𝑡 ℎ𝑎𝑣𝑒 𝑛𝑜𝑡 𝑏𝑒𝑒𝑛 𝑐𝑜𝑛𝑠𝑖𝑑𝑒𝑟𝑒𝑑

RT: https://twitter.com/TryPlotX/status/1346834582218231808?s=20


Up next will be the "Hustlers of the Year" award. Stay Tuned!

#PredictOnPlotX

"How will PlotX handle transaction fee?"

Catch @krakjack2 answer the burning question.

Have more questions? Catch this exclusive conversation where Kartic answers some pressing questions on PlotX
https://bit.ly/357RB6d

🎥: @TradeDog1

RT: https://twitter.com/TryPlotX/status/1347230842158895104?s=20

Up next in our 'PlotX 2020 - Best of the Best' is:

"Hustlers of the Year"

- 0xe74b3696c6d93716ce01472125be3b9c74aa378b (63 Predictions)
- 0x48a051db0c3dbad70f13209449cc32621f8bb326 (43 Predictions)
- 0x4e5f91f1fec88171165a924787b4c548fe740da0 (36 Predictions)

Note: 𝑆𝑡𝑎𝑡𝑠 𝑝𝑟𝑖𝑜𝑟 𝑡𝑜 𝑖𝑛𝑡𝑟𝑜𝑑𝑢𝑐𝑡𝑖𝑜𝑛 𝑜𝑓 4-ℎ𝑜𝑢𝑟𝑙𝑦 𝑚𝑎𝑟𝑘𝑒𝑡 ℎ𝑎𝑣𝑒 𝑛𝑜𝑡 𝑏𝑒𝑒𝑛 𝑐𝑜𝑛𝑠𝑖𝑑𝑒𝑟𝑒𝑑

RT: https://twitter.com/TryPlotX/status/1347472010058686465?s=20


The next category of award is "Best Traders of the Year". Stay Tuned to know the result!

#PredictOnPlotX