Predictions Price
Market Stats
Name | Price | Price change(24h) | Market cap | Circulating Supply |
|---|---|---|---|---|
PRDT Predictions | N/A | N/A | N/A | N/A |
PRDT Predictions
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What is Predictions (PRDT)?
Predictions (PRDT) is the native cryptocurrency of PRDT.finance, a cross-chain decentralized prediction market and betting platform operating in DeFi. Operating across several EVM networks and Solana, PRDT.Finance allows users to forecast short-term price movements of crypto majors and forex pairs through fast, transparent on-chain prediction rounds.
According to the PRDT whitepaper, the token stands out through several distinctive design choices:
- Multi-Currency Profit Dividends: Rather than paying staking rewards purely in its native asset, it distributes 80% of daily platform profits to stakers directly in original profit currencies, such as ETH, BNB, USDT, and USDC.
- Adaptive Buyback-and-Burn Mechanism: A 20% reserve of daily platform profits is set aside for buybacks. This mechanism triggers adaptively when the PRDT token price falls more than 20% below its 30-day moving average, helping support price stability.
- Exchange Governance Exclusion: Centralized exchange wallets are excluded from voting to ensure governance influence remains strictly with self-custodied token holders.
The PRDT token provides two core utilities within the platform ecosystem:
- Staking Rewards: Stakers receive a share of daily platform profits, with 80% distributed directly in original trading assets such as ETH, BNB, USDT, and USDC.
- Governance: Staked PRDT holders participate in decentralized decision-making, voting on protocol parameter upgrades, development allocations, new asset listings, and profit-sharing ratio modifications, while earning additional APR bonuses for voting participation.
The Predictions whitepaper outlines several core commitments:
- 80% Profit-Sharing: Distributing 80% of daily platform profits to PRDT stakers in major currencies like ETH, BNB, USDT, and USDC.
- Supply Caps and Timelocks: Enforcing a total hard cap of 100,000,000 PRDT tokens, secured with smart contract timelocks for team token distributions and governance upgrades.
- Transparent Operations: Maintaining public, real-time dashboards detailing token burns and profit distributions.
- Progressive Decentralization: Transitioning platform control from the core team to full community control, with the team's emergency proposal veto expiring after 24 months.
The PRDT.Finance platform originally launched in 2021.
To use PRDT, connect your Web3 crypto wallet to the PRDT.Finance platform. From there, you can stake your tokens to receive daily multi-currency profit distributions or participate in gasless governance voting on platform proposals via Snapshot.
PRDT aims to solve common shortcomings in traditional and centralized betting environments by leveraging smart contract technology. It offers a transparent, manipulation-free, and decentralized prediction market with instant settlement times (under one second), eliminating counterparty risks and platform interference.
PRDT features a fixed total supply of 100,000,000 tokens allocated across several categories: 25% for Mining/Rewards, 25% for Development, 20% for Marketing, 15% for Liquidity, and 15% for Team allocations. In addition to allocations, users can acquire tokens prior to launch via pre-mining mechanics, including passive mining (0.1 PRDT/day), daily check-ins (1 PRDT/day), referral bonuses, and trading volume multipliers ranging up to 150x.
PRDT uses a decentralized, community-driven governance framework. Staked PRDT holders can cast gasless votes via Snapshot on protocol parameters, fee distributions, new market listings, and treasury fund allocations. To safeguard community alignment, tokens held on centralized exchanges are barred from voting. The protocol follows a progressive decentralization model where the core team holds an emergency veto that sunsets after 24 months.
The long-term vision of PRDT is to achieve progressive decentralization, fully handing over protocol parameter oversight, development allocations, and revenue configurations to the community. Additionally, the ecosystem aims to expand its prediction markets and revenue-sharing framework across multi-chain ecosystems through partner integrations.
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