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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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@ -74,14 +74,13 @@ If the prediction is wrong, your staked amount on that prediction is going to be
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>