π Social Sentiment
Overview
The Social Sentiment Tool in Monet enables users to see live market predictions and insights from premium and successful traders. These traders earn MON tokens by sharing the reasoning behind their trading decisions, helping others make informed choices.
Regular users can instantly copy the trades of top performers, following smart money to increase their chances of winning.
Key Benefits
Fast & Transparent Betting β No delays, real-time settlements via blockchain.
Customisable Timeframes β Users can select bet durations (e.g., 30s, 1m, 5m, 15m).
Flexible Bets β Bet small or go big; the platform supports various bet sizes.
Higher Rewards for Premium Users β Premium members enjoy better odds, fee discounts, and AI-driven insights.
Decentralised & Fair β All outcomes are determined by Chainlink & Pyth Network price oracles, ensuring tamper-proof bet resolution.
How it Works
1. User Places a Bet
A premium or highly successful user places a bet on a crypto asset.
They add a comment explaining their strategy (e.g., "SOL looks bullish, entering now!").
2. Other Users See & Engage
Comments display in the Social Sentiment Feed on the platform.
Users can like, comment, and instantly copy the bet.
3. Copy Trading in One Click
Regular users can click a button to instantly copy the bet, matching the stake and timeframe.
This feature helps new and less experienced traders follow proven strategies.
4. Top Traders Earn MON Tokens
Users whose comments receive high engagement (likes, copies, etc.) earn MON token rewards.
Premium users receive extra MON tokens for sharing frequent insights.
Future Improvements
Leaderboard & Rewards β Launch a top traders leaderboard where the most copied and liked traders earn higher MON token rewards.
Last updated