BONK or BUST

BONK or BUST will be BonkSwap's first engaging game planned in its journey to becoming the nexus of degeneracy for the Solana ecosystem. BONK or BUST will be a simple High/Low style DeFi trading game powered by the Hxro Network Parimutuel Protocol.

With BONK or BUST, players will have the chance to guess whether the price of SOL/USD will close higher, or lower over a discrete one-minute candle. If a player believes the candle will close higher, then they can enter the “BONK” side of the pool, and if they think it will close lower then they can enter the “BUST” side instead.

Entries from both sides are then collected into one pool, with the players on the winning side sharing the proceeds from the overall pool, pro-rata at expiration.

Currently, players will be able to enter games using $USDC or $BONK, with separate game pools for each denomination. In terms of games that are currently available, players can hazard their guess as to the direction of SOL/USDC, or BTC/USDC, with each game available in 1-minute timeframes. These games run 24/7/365 meaning players will be able to indulge at any so time they wish!

In terms of fees, BONK or BUST will charge a 5% fee on each pool, with 2% taken by the platform at entry and 3% taken by the Hxro Network at settlement.