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Cleaning up predictoor questions

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idiom-bytes 2023-10-06 08:52:37 -07:00
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predictoor/pdr-faq.md
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@ -72,16 +72,15 @@ If the prediction is wrong, your staked amount on that prediction is going to be
<summary>Is it possible to predict without using bots?</summary>
Before we answer, please understand that to make decent money, it will take hundreds or thousands of submissions, guided by AI/ML models. So doing this manually would be tedious and error-prone. Therefore a bot is the most practical way. This is why OPF has made it easy to run a bot. Here are the Readme of both [predictoor](https://github.com/oceanprotocol/pdr-backend/blob/main/READMEs/predictoor.md) and [Trader](https://github.com/oceanprotocol/pdr-backend/blob/main/READMEs/trader.md).
Before we answer, please understand that to make decent money, it will take hundreds or thousands of submissions, guided by AI/ML models. So doing this manually would be tedious and error-prone. Therefore a bot is the most practical way. This is why OPF has made it easy to run a bot. Here are the Readme of both [predictoor](https://github.com/oceanprotocol/pdr-backend/blob/main/READMEs/predictoor.md) and [Trader](https://github.com/oceanprotocol/pdr-backend/blob/main/READMEs/trader.md).
To the question "Is it possible to predict without a bot", the specific answer is "Yes". Here are the details-
- Somehow you need to submit an up/down prediction, with OCEAN stake, as a transaction to Sapphire chain.
Here are the Possible ways to do such a transaction -
(a) OPF-supplied Python bot
(b) simple Python script
(c) Use "Write Contract" in [Sapphire blockchain explorer](https://explorer.sapphire.oasis.io)
(d) 3rd-party bot that decides to support this
(e) dapp that decides to support this
To the question "Is it possible to predict without a bot", the specific answer is "Yes". Here are the details
- Somehow you need to submit an up/down prediction, with OCEAN stake, as a transaction to Sapphire chain. Here are the Possible ways to do such a transaction:
- (a) OPF-supplied Python bot
- (b) simple Python script
- (c) Use "Write Contract" in [Sapphire blockchain explorer](https://explorer.sapphire.oasis.io)
- (d) 3rd-party bot that decides to support this
- (e) dapp that decides to support this
</details>
@ -103,7 +102,7 @@ That's up to Predictoors to figure out! Certainly, historical price information
</details>
### Value Flows and Rewards
### Price and Rewards
<details>
@ -115,18 +114,18 @@ Pricing is 3 OCEAN for one feed for 24 hours. It will be like that for the near-
<details>
<summary>How Is predictoor related to Data Farming?</summary>
<summary>How do Predictoors benefit from sales? Is there a burn mechanism?</summary>
Yes, via "Predictoor Data Farming". Starting Nov 9, there will be 37000 OCEAN (about $10K) and several $K worth of ROSE allocated weekly to Predictoor DF. This will be used to purchase prediction feeds, alongside purchases by traders, etc. 80% of prediction feed sales goes to predictoors themselves.
Learn more about predictoor [here](https://blog.oceanprotocol.com/meet-predictoor-accountable-accurate-prediction-feeds-8b104d26a5d9#048b)
20% of prediction feed sales go to OPF. A portion of that is passed on to the Ocean community, including burning.
</details>
<details>
<summary>Is there a burn mechanism in Predictoor?</summary>
<summary>How Is predictoor related to Data Farming?</summary>
20% of prediction feed sales go to OPF. A portion of that is passed on to the Ocean community, including burning.
Starting Nov 9 via "Predictoor Data Farming", there will be 37000 OCEAN (about $10K) and several $K worth of ROSE allocated weekly to Predictoor DF. This will be used to purchase prediction feeds, alongside purchases by traders, etc. 80% of prediction feed sales goes to predictoors themselves.
Learn more about predictoor [here](https://blog.oceanprotocol.com/meet-predictoor-accountable-accurate-prediction-feeds-8b104d26a5d9#048b)
</details>