About ERP
Entropyfi is a price prediction platform.
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Frequently Asked Questions
What Is Entropyfi?
Read MoreEntropyfi allows users to amplify their passive income with fun prediction games. Our first product is a lossless prediction game which allows users to amplify their yield in a low risk manner. Entropyfi offers crypto asset price prediction games and differentiates itself with the lossless function. Lossless means we removesthe financial disincentive that penalizes users who make wrong predictions. Instead, Entropyfi utilizes the yield on deposit pool to reward winners. With a better aligned financial incentive design, Entropyfi is able to scale the prediction market and provide more reliable and scalable crowd wisdom sourcing machine.
Entropyfi is currently deployed on Ethereum Kovan testnet and Polygon Mumbai testnet. We invite you to test out the beta version at https://app.entropyfi.com/. For guides on how to acquire Kovan testnet tokens, please visit https://docs.entropyfi.com/user-guide/getting-testnet-tokens. In the next major update, Entropyfi will provide pegged asset insurance markets and bundled insurance markets.
What Makes Entropyfi Prediction Market Lossless?
Read MoreWhether you are a player to a prediction market, or a sponsor to the pool, 100 % of your principal tokens will be supplied to Aave to generate interest when you deposit money to Entropyfi.
When the game ends, the interest generated from the players and sponsors’ principal will be distributed to the winners of the game.
Simply put, you are amplifying your yield with your prediction skills.
How is Entropyfi different?
Read MoreThe traditional on-chain prediction markets are loss-realized, meaning users will take a loss on their principal if they made the incorrect prediction. The loss-realized characteristics makes it difficult for traditional prediction markets to scale, as users who suffered loss might stop engaging with the product. Entropyfi allows users to engage in prediction market without risking their principal. In addition, Entropyfi supports “set-and-forget” strategy, where the protocol itself will roll over users’ positions to the next round, hence compounding the profits. Entropyfi also supports asymmetrical prediction market for low-probability events prediction, thus functioning as an insurance protocol. We at Entropyfi believes that “lossless” is a crucial part to the success of prediction markets.
What is ERP Token?
Read MoreERP token is the governance token for Entropyfi. ERP token is also rewarded to users for providing liquidity and sponsor deposits into each prediction market.
How Many ERP Tokens Are There in Circulation?
Read MoreThere are 1,000,000,000 ERP tokens in circulation.
Where Can I Buy ERP Tokens?
Read MoreEntropyfi will have its public sale on https://www.deversifi.com/. The IDO is available for 48 hours from Oct 28 10:30am PST/ 5:30pm UTC. Sign up here http://deversifi.com/DLM/signup.
What is the all-time high price of Entropyfi (ERP)?
Read MoreThe all-time high of ERP was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Entropyfi (ERP) is 0. The current price of ERP is down 0% from its all-time high.
How much Entropyfi (ERP) is there in circulation?
Read MoreAs of
, there is currently 0 ERP in circulation. ERP has a maximum supply of 1.00Bn. What is the market cap of Entropyfi (ERP)?
Read MoreThe current market cap of ERP is 0. It is calculated by multiplying the current supply of ERP by its real-time market price of 0.
What is the all-time low price of Entropyfi (ERP)?
Read MoreThe all-time low of ERP was 0
, from which the coin is now up 0%. The all-time low price of Entropyfi (ERP) is 0. The current price of ERP is up 0% from its all-time low. Is Entropyfi (ERP) a good investment?
Read MoreEntropyfi (ERP) has a market capitalization of $0 and is ranked #3775 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Entropyfi (ERP) price trends and patterns to find the best time to purchase ERP.