Tokenomics
Last updated
Last updated
$ORACLE Token
Ticker: $ORACLE
Total Supply: 1,000,000,000 $ORACLE
Utility: $ORACLE tokens are used for participating in prediction markets, paying fees, and earning rewards.
Prediction Bet Fee: 1% of each bet, directed towards the buyback and burn of $ORACLE tokens. (Subject to change)
Leveraged Markets Fee: Variable fee structure depending on the leverage applied.
Mechanism: The platform collects fees in $ORACLE tokens and periodically conducts buyback operations in the open market, followed by burning the tokens to reduce the circulating supply.
Impact: This deflationary model aims to increase the value of $ORACLE over time, benefiting all token holders.