# cryptocurrency

## <mark style="color:green;">C</mark><mark style="color:yellow;">R</mark><mark style="color:red;">T</mark> Token&#x20;

<mark style="color:green;">C</mark><mark style="color:yellow;">R</mark><mark style="color:red;">T</mark> Token is a tokenized prediction-market smart contract & cryptocurrency derivatives platform. Synthetic Chain conveys to its holders an obligation, to redeem certain amount of pledged <mark style="color:green;">C</mark><mark style="color:yellow;">R</mark><mark style="color:red;">T</mark> Tokens as collateral depending the trade value of binomial 'smart contract', and execution of the user price inputs and price oracle outcomes, turing complete. \
\ <mark style="color:green;">C</mark><mark style="color:yellow;">R</mark><mark style="color:red;">T</mark> Tokens are "notional" USD smart contracts that mimic performance of a particular cryptocurrency pair or digital asset via tracking of its reference rate, synthetically.&#x20;

The following criteria is hashed over the Synthetic Chain for each tokenized series:

**1** ("Users") input variables **A** `prediction price` ("Strike") & **B** `duration` ("Maturity") & **C** `multiple` ("Leverage")

**2** ("Blockchain") input variables **A** `contract initiation` ("t0") **B** `contract settlement` ("tN")

**3** ("Price Oracles") settlement variables **A** `price oracle` ("pN")

<mark style="color:green;">C</mark><mark style="color:yellow;">R</mark><mark style="color:red;">T</mark> Tokens are like Call and Put Options financial instruments, however, they enable user to wager collateral on the future outcomes by selecting the **SIZE** `price movement` and **TIME** `contract duration.`<mark style="color:green;">C</mark><mark style="color:yellow;">R</mark><mark style="color:red;">T</mark> Token collateral commitments power the Synthetic Exchange smart chain, first of its kind, fully bespoke synthetic 'prediction market' available for digital assets.

All *User Trades* ("Pending <mark style="color:green;">C</mark><mark style="color:yellow;">R</mark><mark style="color:red;">T</mark> Token ™️ contracts") execute by debiting user wallet, and crediting DAO Vault, executed via binomial outcome y=0 / y=1. This implies that users will have either (A) **Winning** `blotter-trade` or (B) **Losing** `blotter-trade`. \
\ <mark style="color:green;">C</mark><mark style="color:yellow;">R</mark><mark style="color:red;">T</mark>-QRC20 smart contract reward users always at `2x` the amount of collateral committed, settled at expiration upon the execution the smart contract. The following logic is programmed algorithmically with <mark style="color:green;">C</mark><mark style="color:yellow;">R</mark><mark style="color:red;">T</mark>-QRC20 token:

```
+ Winning Trade = Strike Price(n) > Price Oracle t(n) [ LONG ]
+ Winning Trade = Strike Price(n) < Price Oracle t(n) [ SHORT ]
```

```
- Losing Trade = Strike Price(n) < Price Oracle t(n) [ LONG ]
- Losing Trade = Strike Price(n) < Price Oracle t(n) [ SHORT ]
```

<mark style="color:green;">C</mark><mark style="color:yellow;">R</mark><mark style="color:red;">T</mark> Token trading profits (trades) are distributed from Synthetic Exchange DAO Vault, always acting as the settlement account crediting and debiting user account, and DAO Vault . The "winning trades belonging to account of their recipient address, are paid in <mark style="color:green;">C</mark><mark style="color:yellow;">R</mark><mark style="color:red;">T</mark> Token and hashed over <mark style="color:blue;">Qtum</mark> blockchain via 32 second block propagation, while the "losing" trades will remain in the DAO Vault.


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