If bitcoin price is below $10,000 on 2019-09-17 UTC, the proportional EVNT rewards will be sent to wallet address 0xAC3bb85c0a6DbE74d54358dE8D355b8ED09cC8d0.
EVNT Stake: Failed
Failure: EVNT Stake 😥
EVNT was unable to be staked. Please try again with a lower stake amount or different hedge event.
1. Select an Event
In order to hedge on an event, you must first select the event. As of now, the available event types are related to cryptocurrency prices.
2.1. Set the Outcome
Each event is judged against an event outcome. For events related to cryptocurrency prices, possible outcome is a price above or below the current price.
2.2. Set Expiration
EVNT rewards are distributed daily. Each event has a expires at 00:00:00 GMT. The further away the expiration date, the greater EVNT reward distributed.
2.3. Set Stake Amount
Set the amount of EVNT to stake for this event. Your EVNT reward is calculated as the amount you stake, divided by the total EVNT staked for the date. The total days staked is also included in the calculation.
3. Stake EVNT* & Hedge!
Click the "Stake EVNT" button to stake your EVNT for your chosen event. *If you are unable to select the button, you most likely do not have enough EVNT in your wallet. You can buy EVNT from the button on the right.
Frequently Asked Questions
Hedge.Events is a no-loss platform to hedge on specific events. Inspired by PoolTogether, the Hedge.Events platform enables users to hedge specific events, without the risk of losing the priniciple staked.
Once an event is selected, the user stakes an amount of EVNT to the event. If the event outcome is true, the user will have their inital stake returned and be included in the EVNT prize distribution. If the event outcome is false, the user will simply have their initial stake returned.
The process of staking on the EVNT platform acts similar to a savings account. If the user stakes both outcomes of a specific event, he or she will receive a percentage of the EVNT reward. However, if the user stakes on only one outcome of an event, staking acts similar to a prize-linked savings account, where the user may receive the EVNT reward as prize.
EVNT is a digital token, secured by the Ethereum blockchain. In the Hedge.Events platform, EVNT is used both as a membership gateway to hedge on the hedge.events platform and as the prize on reward distribution.
The Hedge.Event network utilizes a daily reward distribution. The current distribution rate is 1,000 EVNT per day. You can view more on the EVNT etherscan.
Hedge.Events works to maintain security by minimizing the risks associated with developing on blockchain. For the current beta, staked EVNT never leaves your wallet. The platform utilizes a relational staking map. In the future, the platform aims to run with a full smart contract lock up process.
(Since you own your EVNT funds while the staking process occurs, you are in control of the EVNT in your wallet. If the staked EVNT leaves your wallet, you will forfeit your staked position.)
Not at the moment. However, a minimum may be introduced in the future.
The chances of winning a reward are based on the proportion of EVNT you stake, as compared to the total stake for the expiration date.
If your event's outcome occurs, you will earn from the daily EVNT rewards.
Per each expiration date, 1,000 EVNT are distributed proportionally to all staked events.
Your EVNT reward % will equal = ( (Your EVNT Stake) * (Number of Days EVNT Staked) ) / (Total Stake of All Expired Events).
Thus, your EVNT reward amount will equal = ( (EVNT Reward %) * 1000 )
You will receive the proportional EVNT tokens to your wallet at / around 00:00:00 GMT on the set expiration date. Check out the EVNT etherscan to see previous reward distributions.
Nope. Hedge.Events is a decentralized blockchain project. The aim is for the hedge.events platform to be fully open sourced and community run.
Recent reward distributions of EVNT to Hedge.Event stakers. View full history on the EVNT etherscan.