PredictHub Docs
  • Abstract
  • Introduction
    • What is Prediction Market?
    • Info Finance - Tokenizing Real-World Events
    • Why Decentralize Prediction Markets?
    • Market Potential
    • PredictHub: Explained Like I'm 5
    • What Sets PredictHub Apart from the Rest of the Market?
  • Mechanics
    • Central Limit Order Book
    • How does it work?
    • Fees Structure
  • Incentive System
    • Orbit Point
      • Passive Orbit
      • Become a Maker
    • Nova Point
      • For Taker
      • Leaderboard Bonus
    • Multiplier
    • Rewards Protection
  • Referral Program
  • Partnered Market
  • Tokenomic
    • Token Utility
  • Roadmap
  • In The Pipeline
    • URF Market
    • Rolling Position
      • Rolling Forward
      • Rolling Up or Down
      • Rolling Across Markets
    • OTC Market
    • Margin Trading
  • How to use PredictHub
    • Create Your Account
    • Fund Your Wallet
    • How to make your first trade?
    • Using Order Book
    • How to Withdraw?
  • FAQ
    • Where markets come from?
    • Who are you trading with?
    • Are there any country restrictions for users on PredictHub?
    • When do markets close and settle on PredictHub?
    • How Are Market Outcomes Determined on PredictHub?
    • Why Isn’t My Market Suggestion on PredictHub?
    • Why Do I Need Crypto on PredictHub?
  • Restricted Regions and User Eligibility
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  1. Incentive System
  2. Nova Point

For Taker

For Takers, who need to make immediate purchases and lack the time to wait, not offering incentives would be a significant oversight. To address this, PredictHub has decided to reward Takers with Nova point using the following formula:

NovaPoint=Anchor Rate×User Volume×(1+User VolumeTotal Volume)NovaPoint =\text{Anchor Rate} \times \text{User Volume} \times \left(1 + \frac{\text{User Volume}}{\text{Total Volume}}\right) NovaPoint=Anchor Rate×User Volume×(1+Total VolumeUser Volume​)

Example:

User A participates in a prediction market on the flow of a BTC ETF and places a market buy order for shares. Using the NovaPoint calculation formula, the following values are provided:

Assumptions

  • Anchor Rate = 0.5

  • User Volume = 200

  • Total Volume = 1000

Calculation

  • NovaPoints = 0.5 × 200 × 1.2 = 100 × 1.2 = 120

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Last updated 8 months ago

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