Prediction Markets and DogX Products

5.1 DogX Prediction Market

DogX offers a variety of prediction markets, allowing users to bet on events like the 2024 U.S. presidential election, economic events, political events, sports, and cryptocurrency markets. These markets are built using ERC1155 tokens, enabling users to trade shares of events through smart contracts. DogX aims to be the leading platform in the Prediction Market space within the crypto market.

5.2 Liquidity Platform and Rewards

DogX encourages users to provide liquidity to the markets by posting limit orders. Users receive rewards corresponding to the liquidity they provide, creating a dynamic and stable trading environment. These programs include:

  • Liquidity Rewards Program: This program incentivizes users to maintain liquidity for DogX markets by posting buy and sell orders at reasonable prices. This helps increase liquidity and market accessibility for all community members.

  • Leaderboard Competitions: Competitions for users with the highest trading volumes and liquidity provision, offering attractive rewards to promote healthy competition and enhance market efficiency.

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