Main Points about PancakeSwap and AI-Powered Predictions Market:
- PancakeSwap introduces AI-powered predictions market on Ethereum Layer-2 network Arbitrum.
- Users can predict price movements of cryptocurrencies like Ether (ETH) every 10 minutes.
- Participants can earn token rewards from a prize pool by betting on AI predictions.
- PancakeSwap offers a 9-week campaign with 60,000 ARB tokens as rewards.
PancakeSwap Introduces AI-Powered Predictions Market on Arbitrum Network
PancakeSwap, a decentralized multichain trading protocol, has expanded its offerings with a new AI-powered predictions market on the Ethereum Layer-2 network Arbitrum. This market allows users to predict price movements of cryptocurrencies, such as Ether (ETH), every 10 minutes, giving them the opportunity to earn token rewards based on the accuracy of their predictions.
PancakeSwap’s 60,000 ARB Promotion
To celebrate the successful launch of the predictions market, PancakeSwap has announced a 9-week campaign with a reward pool of 60,000 ARB tokens. These tokens, derived from a 450,000 ARB grant received via the Arbitrum Long-Term Incentive Pilot Program, will be distributed to participants who engage in the predictions market. Additionally, a portion of the fees collected from the market will be utilized in a buyback and burn program, with the remaining funds allocated for future marketing and development endeavors.