PLANET INVERSE is proud to announce the recent launch of COLLECTIVE VAULT, an innovative prediction platform that’s been many months in the making. This exciting and unique platform allows users to pool their XIV and earn rewards by predicting the movement of selected assets.

The platform has been created with our community in mind and allows users to test their price prediction skills against one another while earning XIV rewards up to several times their initial stake.

HOW IT WORKS

To get started, users choose between 3 options to stake their XIV: 1. ‘Solo Win’ vault, 2. ‘Shared Win’ vault or 3. ‘User Vs. User’ vault. Next, they select a short list of coins to track, including BTC, ETH, and BNB, and then enter their ‘24hr Prediction Price’.

Once the ‘Interval Window’ (a period during which the user may submit their prediction in the vault) closes, a 24hr countdown timer begins. At the end of this 24hr tracking period, the user or users with the price prediction closest to the final price of the selected asset will be awarded XIV tokens from the pooled XIV.

STAKING OPTIONS

The platform offers three options for users to speculate on the final price of popular assets: SOLO WIN, SHARED WIN, and USER Vs. USER.

In the SOLO WIN option, users contribute a specified amount of XIV into their chosen tracking vault and predict the asset’s future price. The protocol will disburse all the pooled XIV (minus protocol fees) to the user whose price prediction is closest to the final price.

The SHARED WIN option splits the vault rewards among the top 50% of users in the vault and the USER Vs. The USER option allows only two users to compete in the vault, with the entire pooled XIV (minus protocol fees) awarded to the user who predicts the closest final price.

COLLECTIVE VAULT is a fun and competitive way to participate in the community, so go ahead and give it a go; you might even win big!

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