The Gold League

In The Gold League, you’ll compete to rack up the highest ROI in four days. Play it smart, and you’ll walk away with a chunk of the 45,000 Blast Gold prize.

Note that this is a game of percentage, not profit: throwing volume at the market won’t help you. It doesn’t matter whether you play with $10 or $10,000 — it’s all about timing your buys and sells.

How to Play

The Gold League will measure your performance in a single market: Will BTC be above $100,000 on November 26th?

When it opens, players will trade YES/NO shares, with each trade affecting their cumulative ROI score. This data will be used to rank them on the TGL Leaderboard, which will allow them to track their progress (and potential Gold payout) in real time.

When the competition closes, those leaderboard ranks are locked in — and top-ranked players will take home their share of the prize pool.

The Details

Prize pool	45,000 Blast Gold
Top prize	8,000 Blast Gold
Number of winners	500
Market opens (for liquidity)	14:00 (UTC), Nov 22nd
Market becomes tradable	15:00 UTC, Nov 22nd
Competition ends (calculation period begins)	14:00 (UTC), Nov 26th
Results finalized	14:00 (UTC), Nov 27th

Note that the market opens an hour before it becomes tradable. This period will allow for liquidity to be added to the market, which is incentivized via an allocation of 10% of Predict’s points.

Want a slice of the action? Place limit orders during this time to earn points.

Since execution is impossible in the one-hour grace period, certain orders may overlap.

When the market opens, all overlapping orders will be executed immediately — and the competition begins!

How Is ROI Calculated?

We use the following formula to calculate the return on investment:

(profit-cost)/cost

For instance, if you sold a share for 60¢ that you purchased for 20¢, you'd have an ROI of (60-20)/20 or 200%.

In the above calculation, profit comes from trading actions (selling shares, merging complementary YES/NO shares, redeeming winning shares, and their current market value).

What’s the Best Strategy?

Though it may seem most beneficial to engage in a pattern of buying low and selling higher, the truth is that the most effective tactic is to snatch the winning outcome at the lowest price and diamond-hand it until resolution.

The Small Print

• Only one prize per account

• Bid size is limited to a $10 minimum

• Regardless of whether they’ve been claimed, when the market closes:

  • all losing shares will be valued at $0

  • all winning shares will be valued at $1

• In the event of a tiebreak between players, the winner will be the one that last sold a share

  • In the event of a second tiebreak where the first is insufficient, account age will determine the winner

• While this competition focuses on buying/selling, merging is permitted

Malicious attempts to game the ranking system will result in disqualification and expulsion from The Gold League. If you’re unsure if a particular action falls under this definition, please reach out in our Discord server before proceeding.