Onyx DAO
  • 👋Welcome
    • 🖤What is Onyx DAO?
    • ⬛$ONYX Token
    • 🦾Mission & Vision
  • 🌱Getting Started
    • 🔆QuickStart Guides
      • 🔌Connect Wallet Guide
      • ⬛Buy $ONYX Guide
      • ⚒️Create LPs Guide
      • 🧑‍🌾Farms Guide
      • 🏝️$ONYX Pools Guide
      • 📈Crypto Forecasting Guide
    • ⁉️FAQs
    • ⚠️Support
  • 🛣️The Road Ahead
    • 📈Forecasting
      • 🔮Crypto Forecasting
      • 🤖Commodities Forecasting
      • 🏦Prediction Vaults
      • 🎢Event Speculation
      • ⁉️Forecasting FAQs
      • 🤝Transparency of Prediction Funds
    • 🔍Roadmap - Onyx DAO Phase 2
  • 🗃️Resources
    • 👥The Onyx DAO Team
    • 📈Transparency of Funds
      • 💲Initial Funds Use
      • 💷Use of Future Funds
      • 🏦Vesting Time
    • 📃Smart Contracts
    • 🔒Audit & Security
    • 📡Socials
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On this page
  • How long do the Forecasting rounds last?
  • What are the different rounds?
  • What Cryptocurrencies can I bet with?
  • How do I place a Forecast bet?
  • How do I see my bet once live?
  • How do I see and collect my winnings?
  1. The Road Ahead
  2. Forecasting

Forecasting FAQs

Frequently Asked Questions on Forecasting

How long do the Forecasting rounds last?

  • ARB: 5 Minutes

  • ETH: 10 Minutes

  • Gold: 24 Hours

What are the different rounds?

  • NEXT: Prediction market is open for betting

  • LIVE: Bets are closed and prediction price is locked in

  • EXPIRED: Winners and losers have been chosen

What Cryptocurrencies can I bet with?

Bets can only currently be placed in ETH, but ARB betting will be added soon. Additional cryptocurrencies may be added in the future.

How do I place a Forecast bet?

To bet, simply follow these steps:

  1. Connect your wallet to the site

  2. Select the Crypto or Commodity you would like to bet on

  3. Find the "NEXT" Card and click the "Going Up" button if you think the price will go up within the round or the "Going Down" button if you think the price will go down within the round.

How do I see my bet once live?

Once your bet has been placed, it will then transition to the "LIVE" Card once the round goes live (see the picture below for exact location. From the "LIVE" Card, you can view your bet amount, the current price of the crypto or commodity you are betting on, and if the current price is "Up" or "Down" from the locked price.

How do I see and collect my winnings?

If you have correctly Forecasted, then you will be able to claim your rewards from the Card your bet was on by clicking "Collect Earnings".

Alternatively, you can click on the "History" button to view all of your current and past bets, and claim any pending rewards:

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Last updated 2 years ago

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