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RE: Splinterlands 8m Marketcap / ETH to 2000$ by 1st March 2021? - Predict Yes/No with PAL at dublup.io

in LeoFinance • 3 years ago

I have enough PAL to register for being an Oracle

What does it mean when your an oracle? I have heard the term before but never knew what it meant. TIA

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3 years ago in LeoFinance by
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     3 years ago  

    You get to vote on the result (which is a yes/no decision and should be pretty straight-forward), and you share 4% of the PAL.

    Once the event is finished, Oracles will validate the outcome of the market and 95% of the PAL market is distributed to the accounts holding winning shares, 4% of the PAL is distributed among the Oracles that validated the market, and 1% is distributed to the market creator.

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     3 years ago  

    Thanks for the reply, sounds like something I might do with my stake of 10,000.

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       3 years ago  

      This is very interesting

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