What is PancakeSwap’s prediction market?
PancakeSwap is a well-known decentralized finance (DeFi) platform built on BNB Chain. Its main functions include cryptocurrency trading, liquidity provision and various financial activities. It has low handling fees, fast transactions and high efficiency. It is one of the largest decentralized exchanges in the world.
Among the many functions of PancakeSwap, the most popular among users is the "prediction market". Different from the general contract gameplay, the prediction market can be invested with a very small amount of funds, and you only need to guess whether the price will go up or down. There is no need to set complicated points, and it is favored by many investors who do not want to play with contracts, but also want to make small bets for fun.
Recently, Telegram, a social platform commonly used by currency circle people, is becoming popular around the world through small applications such as making money through clicks. PancakeSwap has also followed this trend and moved the prediction market to Telegram on the occasion of its 4th anniversary, allowing users to more Participate in the prediction market quickly and anytime, anywhere.
PancakeSwap Prediction Game Login Telegram
The Telegram prediction robot launched by PancakeSwap mainly supports $BNB on the BNB chain. Each round of testing lasts for 5 minutes. Users only need to click "Up" or "Down" in Telegram to predict the price trend.
Image source: X PancakeSwap official announcement
The minimum amount invested in the prediction is 0.001 BNB. If the prediction is correct, the bonus pool invested by all users in the round can be divided, and the income will be doubled according to the multiplier of the prediction round.
How to use the robot?
This robot is currently in the beta testing stage. Users can click on the link below to enter and start using the prediction function after interacting with the robot. PancakeSwap Telegram Prediction Bot
Image source: TGPancakeSwap TG application interface
The specific steps are as follows:
Open the Telegram bot: After clicking the link, the PancakeSwap prediction Telegram bot interface will be opened.
Connect Wallet: Click "Connect Wallet". Currently, it supports Fox Wallet (Metamask), Binance Web3 Wallet, and Walletconnect. Just choose one with $BNB as the investment. For detailed operations, please refer to the official document: PancakeSwap Prediction System Guide
Make a price prediction: Based on the current $BNB price trend, select "Up" or "Down" to make a price prediction, and enter the predicted amount you want to invest (the minimum amount is 0.001 BNB).
Wait for the round to end and get your bonus: Each prediction round lasts 5 minutes. If the price trend is consistent with your prediction after 5 minutes, the system will automatically distribute part of the bonus pool.
For example, when the price of $BNB is $520, you predict that it will rise within 5 minutes and bet 0.1 BNB. If the price eventually rises to $525, you will distribute the corresponding bonus according to the multiplier. This fast-paced The gameplay allows users to end the game quickly without having to stare at the board for a long time.
Win $4,444
In addition, to celebrate the fourth anniversary of PancakeSwap, the platform will hold a special event on September 22 and provide a bonus pool of $4,444 (only for users who use Telegram prediction bots). The specific rewards are divided into two parts:
Lucky Rewards ($3,333)
Participation conditions: Use the prediction bot to make predictions worth at least $5 during the event.
Prizes: 100 lucky users will be randomly selected and receive $33.33 each.
Top Forecaster Prize Pool ($1,111)
Participation conditions: Use the prediction robot to make predictions of at least $500 during the event.
Prizes: The top three users with the highest “net wins” during the event will share US$1,111. First place is $555, second place is $333, and third place is $223.
Users can track their "net win" ranking on the leaderboard in real time to ensure they are in the lead. After the event ends, all bonuses will be distributed to the user’s BNB chain wallet in the form of $USDT within two weeks.
