The wallet's prediction market has a 2 million prize pool with points up for grabs, but after crunching the numbers, it turns out chasing those points is a total trap.
For instance, if I pick Brazil, I need to participate in all five tasks to earn points. Sure, going for all options guarantees I won't lose, but I'll be down on fees—a loss of 2U per point task. Setting a limit order has no fees, but it takes ages to fill.
And the kicker is, you only get points if you lock in a win on a single option, damn it.
If I join all five options, and the ones that lose don’t count, I’m looking at a total fee loss of 10U. The points I might rake in are around 1000, but predict's points are worthless; right now, 1000 points are only worth about 3-4U, and who knows when I can actually cash that out.
Bottom line: I recommend just participating with the minimum stake and calling it a day.
For instance, if I pick Brazil, I need to participate in all five tasks to earn points. Sure, going for all options guarantees I won't lose, but I'll be down on fees—a loss of 2U per point task. Setting a limit order has no fees, but it takes ages to fill.
And the kicker is, you only get points if you lock in a win on a single option, damn it.
If I join all five options, and the ones that lose don’t count, I’m looking at a total fee loss of 10U. The points I might rake in are around 1000, but predict's points are worthless; right now, 1000 points are only worth about 3-4U, and who knows when I can actually cash that out.
Bottom line: I recommend just participating with the minimum stake and calling it a day.
