In an era where transparency, fairness and profitability play a pivotal role in the Web3 ecosystem, Polyquest has emerged as a phenomenon in the Prediction Market space.
This is not simply a normal prediction platform, but a decentralized financial system operated entirely by smart contracts, integrated directly on the Solana platform - a blockchain famous for its high processing speed and extremely low costs.
What is Polyquest?
Polyquest is the bridge between human event prediction and advanced blockchain technology.
Users can bet on the outcome of events – from economic, sports to financial indicators, through Market Contracts.
When participating, they can use USDC or other SPL standard tokens to contribute capital, predict and earn profits if the prediction is correct.
Thanks to the Smartcontract application, the entire process is automated – from recording transactions, distributing rewards, to verifying the final result.
Everything happens without the need for a third party, thereby increasing trust and optimizing operating costs for the entire system.
Polyquest's Outstanding Advantages
Optimized interface
Polyquest was developed with the goal of reaching both casual users and professional traders.
Intuitive, easy-to-use interface, yet deep enough to handle complex analysis and trading needs.
New players can quickly get up to speed, while experienced investors will find the tools they need to maximize their prediction strategies.
Flexible Staking Mechanism
One of the top attractions of Polyquest is the USDC staking mechanism into Market Contracts.
Users can not only predict but also “stake” capital to receive regular APY rewards in the form of $POLY tokens.
This model encourages early participation, maintains liquidity and protects capital from unpredictable market fluctuations.
SPL Standard Token Ecosystem
Not limited to one asset class, Polyquest extends support to multiple Tokens within Solana's SPL standard.
This allows users more flexibility in using assets, increases liquidity in the system and provides opportunities to diversify their portfolio.
“Winner Takes It Al” Model
Polyquest uses a “Winner Takes It All” model, where the person with the correct prediction takes the full reward from those who predict incorrectly.
There is no room for shadiness – all results are verified with objective data and profit distribution is proportionally coded into smart contracts.
Custom APY & Derivatives Market
Not only does Polyquest predict event outcomes, it also launches an interest rate prediction market (APY) where users can speculate on yield movements in DeFi.
In addition, Derivative Markets are also designed for users to create their own scenarios, opening up unprecedented financial creativity.
Mass integration of Web3 wallets
Polyquest supports popular wallets like Phantom, Backpack, Circle Wallet, WalletConnect and many other Web3 wallets.
Thanks to this, users can log in, make transactions and receive rewards in just a few basic steps.
In particular, the Polyquest wallet integrates technology from Circle – allowing to minimize transaction costs and provide exclusive features only for loyal users.
The market is always updated
All market information on Polyquest is updated in real time. Users are always provided with accurate and timely data, which makes it easy to make informed prediction strategies, increase the probability of winning and optimize rewards.
Token POLY
In preparation for Polyquest's Token Generation Event (TGE), the project has launched two preliminary versions of the cryptocurrency: Polyquest V1 ($POLY V1) and Polyquest V2 ($POLY V2).
These initial tokens are designed to drive initial engagement, support media campaigns, and community building initiatives leading up to TGE.
Polyquest V1 ($POLY V1) and V2 ($POLY V2) Details
Polyquest V1 ($POLY V1)
Symbol: $POLY V1
Intended use: Primarily for initial marketing campaigns, community rewards, and initial engagement activities.
Allocation: A limited supply has been set aside for the pre-TGE period.
Distribution: $POLY V1 will be distributed through targeted campaigns, community competitions, and special promotions. These tokens cannot be traded or converted to any form of currency until after the TGE.
Address: GX6aMZbrsoMUnjzpGeA9QTAAfKkCnF2iR1DY5PbtB1hi
Polyquest V2 ($POLY V2)
Symbol: $POLY V2
Intended use: Focus on late-marketing, additional airdrops, and engagement initiatives close to TGE.
Allocation: A separate amount, separate from $POLY V1, for advanced community building strategies and private sale programs.
Distribution: $POLY V2 will be deployed primarily through private sales and strategic partnerships. Like $POLY V1, these tokens will not be tradable or redeemable until the TGE occurs.
Address: 7YCvcWzFyqr76jmf8XfMSHzHSRATeC6xd6xd14BzFv4h
Token use case
Node and Validator staking: Oracle members and validators must commit to locking up POL coins, contributing to the resolution process, through which only serious actors are allowed to participate.
Platform Fees: All costs for joining the oracle system, submitting data and validating results are paid in POLY coins.
Rewards: Correctly operating oracle nodes and validators will be rewarded with POLY, creating an incentive for continued participation and ensuring authenticity.
Investor
Development roadmap
Q2/2024
Product Development: Take the first steps to build a foundation, laying the foundation for your future vision.
Join the fund alliance: Connect and cooperate with key blockchain organizations to strengthen sustainable strategic relationships.
Strategic planning: Outline a long-term roadmap, defining a direction to steadily scale the platform.
Seed funding: Secure seed funding to fuel initial growth and development.
Q3/2024
Product Testing: Perfect and stress test features, push limits to fix any gaps.
Mainnet Deployment: Officially launch mainnet to the community, marking an important milestone.
Community Building: Focus on attracting early adopters and forming a network of early supporters.
Q4/2024
Private Investment Round: Attract strategic capital, secure financial foundation for next phase of expansion.
User acquisition campaign: Launch a small-scale marketing campaign, gradually expanding your target customer base.
Public Round: Open investment to the public, increasing resources to support the acceleration phase.
Q1/2025
Listing: Start listing Polyquest on relevant exchanges, creating a bridge to market access.
Mass User Attraction Campaign: Launch a large-scale marketing campaign targeting a large number of users.
Project information channel
Website: https://polyquest.xyz
Twitter: https://x.com/PolyquestSOL
Conclude
Polyquest is more than just a Prediction Market. It is a decentralized logic-based financial ecosystem where users can profit from predictability while optimizing capital through smart staking mechanisms and high liquidity.
Deep integration with Solana, multi-wallet support, transparency, security, and constant updates – Polyquest is a platform worthy of every crypto investor to try.
Source: https://tintucbitcoin.com/polyquest-la-gi-tong-quan-ve-du-an-polyquest/
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