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OptionRoom news
About OptionRoom
OptionRoom is a governed oracle and forecast protocol built on Polkadot. Our aim is to
create a scalable protocol with multiple use cases: from oracle as a service to limitless
event derivates.
Protocol Features:
OaaS: User governed Oracle as a service: OptionRoom has the ability to serve as an OaaS — Oracle as a Service where oracle requests are solved by governance.
User governed forecast market protocol: OptionRoom allows users to create and
participate in event derivatives that are pegged to real-world outcomes by governance
consensus
Dual token model: Dual token model: ROOM serving as the utility token of OptionRoom
and COURT serving as the governance token of the protocol.
Governance staking and authenticity score: Users stake their court for an increasingly
higher authenticity score, meaning more voting power. Honest governance participants
are rewarded with ROOM while dishonest participants are punished.
LP mining: The governance token COURT can only be obtained by providing liquidity/
staking the utility token ROOM
Self-sustainable and community based: Protocol fees fuel a buyback mechanism. The
founders of OptionRoom receive no percentage of the protocol fees.
Built on Polkadot: OptionRoom v2 is planned to be built on Polkadot.
User incentives: OptionRoom rewards protocol and governance participants. Pools
creators get rewarded with a percentage of the pool winnings, creating an incentive to
promote their pools.
Reward buffer pool: Excessive fees generated from the protocol are diverted to a reward
buffer pool to be used as protocol rewards reducing inflation.
Multiple use-cases: OaaS, limitless prediction markets, decentralised polls, dispute
resolution, decentralised surveys, curated lists — are some of the use-cases of OptionRoom’s architecture
Popular Tokens on the BNB Smart Chain (BEP20) Chain
The live OptionRoom price today is $0.002179 USD with a 24-hour trading volume of $19,142.64 USD. We update our ROOM to USD price in real-time. OptionRoom is up 7.86% in the last 24 hours. The current CoinMarketCap ranking is #2347, with a live market cap of $27,218.89 USD. It has a circulating supply of 12,493,373 ROOM coins and a max. supply of 100,000,000 ROOM coins.
If you would like to know where to buy OptionRoom at the current rate, the top cryptocurrency exchanges for trading in OptionRoom stock are currently Gate.io, and PancakeSwap v2 (BSC). You can find others listed on our crypto exchanges page.