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This is a detailed writeup of how UpDown works.

Tldr;

  • Depositing gives you 100x Ups and 100x Downs
  • There is a balancer pool to exchange ups and downs
  • At the end of each epoch take the difference in price from the beginning of…

UI Available here: https://bafybeif4ugcc5kopy53rttb6onafcgv5pll5jvv6672foscyrhsloadmza.ipfs.cf-ipfs.com/#/

UpDown👆👇 is a non-custodial decentralized price prediction protocol allowing shorts and leveraged price exposure without over collateralization. UpDown👆👇 creates a layer of optionality on any token and offers a multiplier of the price shift.

Lucerne

Creator of UpDown. $CHK

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