Learning about EntropyFi’s gamified incentive model around lossless lottery prediction markets
DeFi Slate Fam:
Prediction markets have been in place for quite some time already in DeFi. However, the way they’re setup entails that users take a loss on their principal whenever they make the wrong predictions. This model patterned after traditional prediction markets often results to poor user retention.
EntropyFi seeks to innovate upon this by combining lossless lottery with prediction markets to create a gamified incentive model that doesn’t penalize users for making the wrong prediction but is also able to reward correct users handsomely with amplified yields. With plans to provide pegged & bundled asset insurance markets, EntropyFi is definitely a platform that users must be paying attention.
Cheers,
Wassie Capital
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