TechFlow news, according to the official blog, PancakeSwap has announced the launch of an AI-powered prediction market on Arbitrum. The market is supported by AI price forecasts provided by Allora, allowing users to predict token price movements every 10 minutes and compete for a share of the prize pool.
To celebrate this launch, PancakeSwap will run a 9-week campaign with a total reward pool of 60,000 ARB. Users can choose to "follow" or "bet against" the AI's predictions, with a minimum prediction amount of 0.00001 ETH. After each round, users who make correct predictions will share the prize pool. PancakeSwap will also take a 3% fee from the total prize pool each round for buyback and burn purposes.
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