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40 sats \ 0 replies \ @Team_Predyx OP 22 Nov \ parent \ on: π Resolution Delay for Recently Concluded Markets on Predyx oracle
π The resolution shall be very easier to understand and will get updates related to notifying creators and much more. We are now digging one part at a time. We want to ensure it don't have any issues left.
Please share anything you wanna see as improvement on resolution.
πWe're constantly improving UI/UX as you may have already noticed. For example here's one
Feel free to share anything that you notice we can add.
90 sats \ 0 replies \ @Team_Predyx 22 Nov \ parent \ on: Stacker Sports Prepod Meeting 59 Stacker_Sports
You're welcome.
Feel free to tag us for anything Predyx related.
90 sats \ 0 replies \ @Team_Predyx 22 Nov \ parent \ on: Stacker Sports Prepod Meeting 59 Stacker_Sports
Thanks for your valuable insights. We're constantly striving to become better and better in all aspects. We've recently upgraded site performance issues, we hope you guys can really feel it. With site performance looking good, we'll definitely be exploring how we can enhance user experience and what requires to be done as suggested by you.
132 sats \ 2 replies \ @Team_Predyx 22 Nov \ parent \ on: Stacker Sports Prepod Meeting 59 Stacker_Sports
Thanks for your insight.
We also have a rating mechanism for creators and as user you are free to provide it on market page after resolution. If you aren't satisfied you can rate the creator with less stars or report us right from the market page.
Hi @south_korea_ln,
We've updated the title as desired by you.
CC: @denlillaapan
Sorry for the delay. I can see this and other MVP market are awaiting resolution. Both should be resolved by today.
20 sats \ 0 replies \ @Team_Predyx OP 11 Nov \ parent \ on: π§ Scheduled Maintenance Notice oracle
Yes sir.
This is an upgrade maintenance, the system will be much more faster and stable.
Hi
@Coinsreporter @grayruby @BlokchainB @Undisciplined @OT @Wumbo @south_korea_ln @SimpleStacker @ACYK @softglitter2d @ken @DarkStacker @itsTomekK @needcreations_ @Solomonsatoshi @afpsniper88
@kepford @Cje95 @Jer
We kindly request you go through this 'Predyx Market Creation Guide'. In case you still have some question about Predyx functionalities, feel free to post your queries below. We shall be more than happy to reply or add them in the faqs.
I'm happy I can clear the doubts.
I recommend you to place some predictions in higher liquidity markets if you're more of a trader. There are many markets on Predyx which have very high liquidity and corresponding volume that will reward traders much more relatively.
Here's an example what to look for if you want to enter and exit a market
The left one (red circle) is for the volume, the right one is for the liquidity.
Keep in mind the higher the liquidity and volume are on a market, the odds (what you called margins) are less volatile while trading i.e. while buying or selling both.
If I wait until market closes and I win I should receive at least 100/65 x 8000- 1%?
In the above mentioned scenario you will recieve 7983 Sats.The win fee is only .20% and there's 1 sat fee for transaction on the market you mentioned. So this will be 17 Sats in fees deducted from your 8000 shares.
(Each share you buy at Predyx stands for 1 satoshi.)
Maybe I am not accounting for dynamics of odds/pricing if I were to sell them on market now?
Yes sir. Predyx works on LMSR which reduces the odds if a sell happens and increases when a buy happens. There should be high volatility in odds in case the market has lower liquidity, and vice versa.
Selling before the market is ripe often is less rewarding because the LMSR detects the trend is shifting.
Ok. My bad I thought you were talking about design aspect of Predyx.
Sir, we are not charging higher than 1%. In fact the fees are far less than 1% and also much lesser than what our competitors are charging.
I suppose you haven't gone through the market page to full length, because there's a section where 'Market Fees' is clearly mentioned under the 'description'.
I hope it's clear to you now.
Thanks again.
Thank you so much for the kind words and suggestion. We're constantly working on to improve user satisfaction. Once we're done with optimization of performance of the site, we'll definitely make the design better.