‍OracleX Launches Public Testnet with Proof-of-Contribution Protocol OracleX is launching its global public testnet on December 1st, featuring a new Proof-of-Contribution (POC) protocol. This system rewards users for prediction accuracy and engagement, aiming to create a more reliable decentralized prediction market. The POC protocol rewards participants daily with OEX tokens, based on a weighted score where prediction participation counts for 30%, accuracy for 20%, and trading volume for 50%. Users can stake OEX to mint USDX, a stablecoin pegged to USDT, offering daily yields. OracleX covers diverse categories like economics, technology, and sports, and offers genesis incentives for early adopters. The platform aims to compete with established players like Polymarket and Kalshi by aligning user and builder incentives.

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OracleX Launches Global Public Testnet with Proof-of-Contribution Protocol

OracleX, an innovative prediction market platform, is set to launch its global public testnet on December 1st, introducing a novel Proof-of-Contrib...