Predit Trading Competition Rules
Overview
The Predit Trading Competition is designed to reward both:
Active traders
Users who grow the ecosystem through referrals
Every week, users compete based on total team trading volume.
The more volume your team generates, the larger your share of the weekly reward pool.
Competition Flow
Sign up on the website
Start trading on Predit
Invite referrals using your referral link
Grow your team trading volume
Earn weekly rewards
Team Volume Calculation
Your team volume is calculated as:
Team Volume = Personal Trading Volume + Referral Trading Volume
This means:
Your own trading activity counts
The trading activity of your referrals also counts
Referral volume can continue stacking through sub-referrals
Example
You trade: 10,000 USDT
Your referrals generate: 40,000 USDT
Your total team volume = 50,000 USDT
Weekly Reward Pool
Total Weekly Reward Pool
500 USDT per week
Timeline
Week 1 will begin at 8:00 AM UTC on May 19 and end at 8:00 AM UTC on May 26.
A new week will start immediately after the previous one ends.
The campaign will continue until an official announcement is made by the Predit team.
Reward Allocation
80% of the pool → Top 3 Teams
20% of the pool → Remaining Teams
Top 3 Team Rewards
80% of the weekly pool (400 USDT) is distributed to the Top 3 teams.
Reward Structure
#1 Team → 45%
#2 Team → 20%
#3 Team → 15%
Example Rewards
#1 → 225 USDT
#2 → 100 USDT
#3 → 75 USDT
Remaining Teams Rewards
20% of the weekly pool (100 USDT) is distributed proportionally among all remaining teams outside the Top 3.
Distribution Formula
Reward = (Team Volume / Total Remaining Volume) × Remaining Reward Pool
This ensures smaller teams still receive rewards based on performance.
Internal Team Reward Distribution
Each team reward is distributed proportionally among members based on contribution.
Formula
Individual Reward = (Individual Volume / Total Team Volume) × Team Reward
This ensures:
Higher contributors earn more
Reward distribution remains transparent and fair
Referral leaders are incentivized to grow active teams
Full Competition Example
Weekly Trading Volume Ranking
(Volume includes personal volume + referral volume)
Team A → 110K
Team B → 50K
Team C → 20K
Team D → 15K
Team E → 10K
Team B1 → 10K
Team F → 5K
Team B2 → 5K
Team B3 → 5K
Team Structure Example
Team A
A (Leader) → 10K
B → 50K
C → 20K
D → 15K
E → 10K
F → 5K
Total Team Volume = 110K
Team B
B (Leader) → 30K
B1 → 10K
B2 → 5K
B3 → 5K
Total Team Volume = 50K
Team C
C → 20K
Total Team Volume = 20K
Reward Distribution Example
Step 1: Top 3 Team Rewards
Team A → 225 USDT
Team B → 100 USDT
Team C → 75 USDT
Step 2: Remaining Teams Share 100 USDT
Remaining teams:
D → 15K
E → 10K
B1 → 10K
F → 5K
B2 → 5K
B3 → 5K
Total Remaining Volume = 50K
Reward per 1K Volume
100 / 50 = 2 USDT
Rewards
D → 30 USDT
E → 20 USDT
B1 → 20 USDT
F → 10 USDT
B2 → 10 USDT
B3 → 10 USDT
Step 3: Team A Internal Distribution
Total Team Reward = 225 USDT
A → 20.45 USDT
B → 102.27 USDT
C → 40.91 USDT
D → 30.68 USDT
E → 20.45 USDT
F → 10.23 USDT
Step 4: Team B Internal Distribution
Total Team Reward = 100 USDT
B → 60 USDT
B1 → 20 USDT
B2 → 10 USDT
B3 → 10 USDT
Step 5: Team C Distribution
C has no referrals.
C receives the full 75 USDT reward.
Final Individual Rewards
A → 20.45 USDT
B → 162.27 USDT
C → 115.91 USDT
D → 60.68 USDT
E → 40.45 USDT
F → 20.23 USDT
B1 → 40 USDT
B2 → 20 USDT
B3 → 20 USDT
Winner Announcement
Weekly winners are announced through:
Predit official X account
Discord community
Website leaderboard
Community announcement channels
Leaderboard updates may be shown in real time or updated periodically during the competition.
Reward Distribution Timeline
Competition resets every week
Final rankings are calculated after the competition ends
Rewards are distributed within the announced distribution period
Users must meet all eligibility requirements to receive rewards
Eligibility Rules
To qualify for rewards:
Users must trade on at least 3 different days per week
Minimum trading volume requirement: 100 XP per day
Trades must not be spam, wash trading, or abusive activity
Referral activity must be legitimate
Predit reserves the right to remove suspicious volume
Users violating platform rules may be disqualified
Anti-Abuse Policy
The following activities may result in disqualification:
Wash trading
Fake referrals
Bot-generated activity
Sybil behavior
Exploiting bugs or unintended mechanics
Manipulating trading volume artificially
Predit reserves the right to:
Remove invalid volume
Adjust rankings
Recalculate rewards
Disqualify users or teams
Hot Take Creation Competition Rules
Overview
The Hot Take Creator Competition rewards approved creators who create prediction markets, bring traders, and drive real activity on Predit.
This program is currently invite-only and limited to the first 100 approved creators.
Current Creator Earning Model
Market creators receive 3% of XP payouts from markets they create
Founding creators receive access to a shared 0.75% token allocation
With fiat markets (coming soon), this model converts into 0.75% payout
Verified Creator Badge
Creator Program Flow
Step 1: Apply to Become a Creator
Users must apply through the official Creator Program by clicking “Create a Market” on the Predit website.
Step 2: Creator Approval
The Predit team reviews creator applications.
Approved creators will receive access to create prediction markets.
Approval criteria may include:
Account quality
Community presence
Content quality
Market understanding
Previous platform activity
Step 3: Create a Hot Take Market
Approved creators can submit prediction markets through the Hot Takes system on the Predit website.
Each market submission may include:
Market title
Market description
Outcome structure
Resolution source
Closing time
Step 4: Market Review
Submitted markets will be reviewed before going live.
Review usually takes 24–72 hours depending on submission volume.
Predit may approve, reject, edit, or request clarification on submitted markets.
Step 5: Drive Market Activity
Once approved, creators should share their markets and bring users to trade.
Creators are rewarded based on the activity their markets generate.
What Counts as a Valid Hot Take
A valid Hot Take should be:
Clear and easy to understand
Based on a real event, trend, or public discussion
Tradable with a clear YES/NO or outcome structure
Supported by a clear resolution source
Not spam, misleading, duplicated, or abusive
Examples include:
Sports predictions
Political outcomes
Crypto market events
Internet culture
Breaking news
Creator-driven narratives
Hot Take Ranking Factors
Trading Volume
How much volume the market generates
Unique Traders
How many users trade the market
Engagement
How much discussion and sharing the market creates
Referral Impact
How many new users the creator brings in
Market Quality
How clear, relevant, and timely the market is
Predit may adjust ranking models depending on the campaign.
Reward Distribution
Hot Take Creator rewards may include:
Weekly creator rewards
Commission from creator-generated markets
Campaign-based bonuses
Reward pools, commission rates, prize structures, and distribution timelines may vary by campaign.
Full details will be announced before each competition period.
Hot Take Moderation
Predit reserves the right to:
Reject inappropriate markets
Remove spam or duplicated Hot Takes
Exclude manipulated engagement
Disqualify abusive participants
Adjust rewards if suspicious activity is detected
General Terms
By participating in any Predit competition, users agree to:
Follow platform rules
Accept final leaderboard calculations
Respect fair competition standards
Avoid abusive or manipulative behavior
Predit reserves the right to:
Update rules at any time
Modify reward structures
Pause or cancel competitions if necessary
Make final decisions regarding disputes or eligibility
Contact
For support, disputes, or questions regarding competitions:
Join the Predit Discord
Follow official announcements on X: Predit Market X