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This morning, Allora revealed the plans for the first day of its mainnet.
They didn't specify when that day will be, but the details shared are interesting, haha.
@AlloraNetwork plans to unveil two topics on the first day:
- Expected log return
- Predicted price
The expected log return predicts how coins like BTC and ETH will move over an 8-hour period,
and the predicted price estimates what BTC will be exactly after 8 hours.
Investors can place bets on the prediction market based on Allora's predicted values or use them to take positions.
defi projects can also balance their pools according to the log return predictions to reduce slippage.
If Allora's prediction accuracy is high, there will be people willing to pay for it,
because they can make a lot of money from it, haha.
Allora is a self-improving prediction market AI!

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