Carbon Neutral Private Prediction Market
Create private prediction pools - save the climate while doing so
Demo
About
The problem it solves Users (addresses) can come together to create a private prediction market to bet on the outcome of events (for eg price of ETH in USD after 5 days), the protocol deposits the amounts staked by all participants into bentobox to earn interest, then the protocol will check the price/event outcome after the stipulated time using Chainlink Alarms and Chainlink http calls, withdraw funds + interest from bentobox, distribute the original funds amongst the winners using Superfluid Instant Distribution Agreements and using the interest, create a stream into the Ricochet Exchange to DCA buy & burn KLIMA tokens. These KLIMA tokens represent carbon offsets which the protocol helps remove from the market thereby increasing the cost of carbon offsets( which in turn increases the cost of pollution). The IDA index used to distribute funds can be reused for another prediction between the same participants.
How it's made
Challenges we ran into Just assembling and testing all the diverse pieces is a tough task when working with code on the blockchain.