A detailed post on how @vaazaar works.
Vaazaar is a binary prediction market for asset price direction.
Users predict whether the price of an asset, such as BTC/USD or ETH/USD, will be higher or lower at the end of a specific time period.
On Vaazaar, each market is defined by:
- An asset price feed, for example BTC/USD
- A time interval, for example 1h, 8h, 1D, 1W, 1M, or 1Y
This means the same asset can have multiple markets.
For example, BTC/USD can have separate markets for:
- BTC/USD 1h
- BTC/USD 8h
- BTC/USD 1D
- BTC/USD 1W
- BTC/USD 1M
- BTC/USD 1Y
Each market runs in repeated time periods called turns.
To make timing universal and fair for everyone, all turns are aligned to UTC time.
Here is an example using the BTC/USD 1h market:
- The current time is 09:45 UTC.
- Users can buy tickets for the upcoming 10:00–11:00 UTC turn.
- At 10:00 UTC, the turn starts.
- A snapshot of the BTC/USD price is taken using the Pyth oracle price feed.
- This starting price is stored on-chain as Snapshot A.
- At 11:00 UTC, the turn ends.
- A second BTC/USD price snapshot is taken and stored on-chain as Snapshot B.
The smart contract then compares Snapshot B with Snapshot A:
- If B > A, Higher wins.
- If B < A, Lower wins.
- If B = A, the turn is a draw.
Winners can then claim their rewards through the Vaazaar dashboard.
While the 10:00–11:00 UTC turn is running, users can already buy tickets for the next turn, for example 11:00–12:00 UTC.
Snapshots can be triggered by anyone through the dashboard. For turns with more than 100 tickets sold, Vaazaar’s automated backend also triggers the snapshot process.
Important: Vaazaar’s backend does not decide who wins. It only helps trigger snapshot transactions. The result is calculated on-chain by the smart contract using verified Pyth oracle prices.
Vaazaar is live🥳
Vaazaar is a trustless binary prediction market on #Solana for UTC-boundary price direction.
Create a market for any Pyth price feed.
Buy Higher or Lower.
Settle each turn on-chain with verified oracle updates.
https://t.co/uI7GFrhu80
I built tag-mgr — a small CLI tool for people who keep notes in Markdown.
It reads YAML/frontmatter tags, builds a searchable index, and lets you add/remove tags directly from the terminal.
I am using this in combination with my knowledge base.
Install:
https://t.co/S4fYfngZtX
@Polymarket This is the beauty of prediction markets: every rumor gets priced. We’re building @vaazaar to bring more of this market structure to Solana, starting with live Higher/Lower asset markets.
https://t.co/nxPrJXv3Ob
@solana#Solana has the speed for real-time financial markets. That’s why we’re building @vaazaar : live on-chain Higher/Lower markets today, with the long-term goal of Solana-native options infrastructure.
https://t.co/nxPrJXv3Ob
Thanks for the response.
I doubt that this is related to @solflare since I am able to buy/sell everything else (crypto tokens, xstocks, etc) and I get this error only when I want to buy ondo assets. Also I am able to buy ondo assets using the same wallet either using titan or from within the wallet.
Another thing is your portfolio tracker is also not showing the ondo assets that I have bought via the titan/solflare in the PnL section while other portfolio trackers correctly show them.
I really like jup and I was one of the first users of it years ago and I prefer to continue using it so hopefully you can help me.
Hey @JupiterExchange it seems you have some problem with @OndoFinance
Whenever I want to buy some ondo asset even when I have USDC in my wallet I get the "Insufficient balance" error.
Can you please fix this?
#Google update
As expected #GOOG broke its uptrend and started a correction and now it is very close to the first target.
If markets continue to go down it is possible that $GOOG goes down to the bottom of the channel and hit the second purple box
#Gold update
As expected gold touched the purple box.
Probably we get a bounce here, after that it depends on if gold can break its down trend or not.
If it can't break its down trend then it is possible that it will go down to 3500 area.
#SP500 update
$SPX is due for a correction, the correction target is either the first purple box or the second if we get a bigger correction.
If it goes down to the second purple box it would be a generational buy opportunity.
#stocks
@CryptoHayes@CryptoHayes is a charlatan, he did exactly the same thing with pendle, he was shilling it then in a conference he said it will go up 100x on stage and as soon as he came down the stage he sold everything. He did it with many other coins and this time he did it with $HYPE
@CryptoHayes@CryptoHayes is a charlatan, he did exactly the same thing with pendle, he was shilling it then in a conference he said it will go up 100x on stage and as soon as he came down the stage he sold everything. He did it with many other coins and this time he did it with $HYPE
@rektmando@TukasNFT Why we need zcash? why we can't build the same privacy on top of generic L1s? We already have @TornadoCash and multiple products on Solana are also working on the same thing, why we need zcash?
https://t.co/uwcC3AbSUo
This is not about attacking investors, it is about teaching them to think independently. From the beginning it was obvious that #zcash is a pump and dump, an old project suddenly became the center of attention of all the influencers and none of them, even the most technical ones don't want to answer a simple question: why we can't build such privacy infrastructure on generic L1s such as Solana and Eth?
This is a lesson for investors (not traders) to learn to think and do their own research.
https://t.co/cQ1euqw9kl
#Nvidia update
After creating a lower high $NVDA broke its uptrend as expected and now it is going down to hit the initial target at the first purple box.
#Nvidia update
$NVDA continues to go down as expected and it is breaking its multi month upward trend. The question is where the downward trend ends? The first purple box or the second one?
#stocks#ai
#Amazon update
As expected #AMZN continued its correction and now it is on its way to hit the target.
It depends on the markets if we go down even more or $AMZN stops at the purple box, we have to wait and see