How It Works

Four phases. Fully automatic.

Four phases. Fully automatic.

1) Challenge

You tag @challengr with:

  • Bet size (USD)

  • Token address

  • Direction (up or down)

  • Target move (%)

  • Deadline

Token validation is strict. It blocks easy price manipulation.

Checks:

  • DexScreener: highest-liquidity pool

  • Minimum liquidity relative to market cap

  • Minimum LP:MC = 0.5%

    • Example: $100M market cap needs $500k LP

If valid, ETH worth your USD stake is pulled from your wallet. It moves into a fresh escrow wallet for this bet.

2) Lock

Someone replies @challengr accept. The same ETH amount is pulled from their wallet. It goes into the same escrow.

Both sides are locked. Neither side can withdraw until settlement. The bot posts a LOCKED confirmation.

3) Settle

At the deadline the settlement service:

  1. Fetches current token price from DexScreener

  2. Compares to entry price at lock time

  3. Computes percentage move

  4. Picks the winner by direction

No disputes. No manual review.

4) Payout

The pot pays out from escrow to the winner. Winner receives pot minus 2.5%.

The result cast includes the Base transaction hash. Verify it on BaseScan.

If nobody accepts before the deadline, funds return automatically.

Fees

  • 2.5% platform fee. Winning pots only.

  • Base gas. Usually under $0.01.

  • No fees on cancelled or expired challenges.

  • No deposit / withdrawal fees.

Last updated