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FAQ

1. What is Girasol?

Girasol is a fun and simple decentralized prediction market built on the Solana blockchain. Users can predict whether the price of SOL will rise, fall, or stay within a range (Flat) and win rewards for correct predictions.

2. How does Girasol work?

  1. Connect your Solana wallet to the platform.

  2. Choose your prediction: Will SOL’s price go Up, Down, or stay Flat?

  3. Confirm your prediction and wait for the results.

  4. If your prediction is correct, you win rewards!

3. Why is Girasol built on Solana?

We chose Solana for its:

  • Speed: Transactions are completed in seconds.

  • Low fees: Minimal costs for every interaction.

  • Scalability: Handles high transaction volumes without delays.

4. What makes Girasol unique?

  • Real-time data: Powered by Pyth Network and Switchboard, ensuring accurate and transparent price feeds.

  • Easy-to-use: Perfect for both crypto newbies and experienced traders.

  • Decentralized: Fully non-custodial, so you control your funds.

5. Do I need crypto experience to use Girasol?

Not at all! Girasol is designed to be simple and intuitive, so anyone can participate, regardless of their experience with crypto.

6. Is Girasol safe to use?

Yes! Girasol is built on Solana, a highly secure blockchain, and uses decentralized oracles (Pyth Network and Switchboard) to ensure accurate and reliable data. Always keep your wallet and private keys secure.

7. Are there any fees?

Girasol charges 2% for each prediction, primarily to cover transaction costs and maintain the protocol. Solana’s low gas fees ensure these costs remain affordable.

8. What rewards can I win?

The rewards depend on the accuracy of your predictions and the market pool for each round. Successful predictions are rewarded in SOL directly to your wallet.

9. Is there a mobile app?

Not yet, but Girasol is fully optimized for mobile browsers. A dedicated app may be launched in the future – stay tuned!

10. How can I get involved early?

Follow Girasol and stay updated for the latest news and exclusive opportunities. Early adopters often enjoy unique benefits... 👀

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Last updated 2 months ago