Inflation has been a big issue recently, and its been difficult to be able to get a prediction without it usually coming from singular experts, so I decided a prediction market could be a solution to being able to aggregate predictions and possibly come closer to accurate predictions for changes in inflation.
What it does
plation is a prediction market, where users can either bet 'Over' or 'Under' if they believe that inflation will either increase or decrease respectively. At the end of a given time period, the prediction is closed, and winners receive their initial bet back and their respective shares of the losing pool, or in the case of no change, all bets are refunded.
How we built it
Challenges we ran into
A couple of challenges that I ran into during the course of the project was a bit of a steep learning curve when it came to the front-end side of the dApp, I hadn't used Web3.js before. The other challenge I ran into was getting the Chainlink keeper to work with the PredictionHandler contract, there were quite a few failed attempts before I got the correct modifier on the contract.
Accomplishments that we're proud of
The accomplishment which I am most proud of is to have gotten all the contracts deployed and working together as the system I had designed and have the web-app up and running and able to be used.
What we learned
I've learnt a lot about the entire stack of dApps and Web3, what it takes to be able to put a dApp together and how much effort goes into large projects.
What's next for plation
Next steps for plation would be, To bring the python keeper script onto a Chainlink Keeper so that everything is On-Chain, Find a way to remove any custody as currently the Python keeper still needs a private key stored on an environment with the script to initiate payouts. Include other markets for inflation, and possibly a probability density function for predictions.
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