Gud Guess
  • Intro to Gud Guess
    • Positive Feedback Loop
  • Tokenomics
  • GG Game Mechanics & Jackpot
    • Purchasing Tickets to Guess Weekly Close
    • Price Precision
    • BTC/USD Close Price Calc
    • Triggering Weekly Close
  • Real Yield
  • Disclaimer
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  1. GG Game Mechanics & Jackpot

BTC/USD Close Price Calc

PreviousPrice PrecisionNextTriggering Weekly Close

Last updated 2 years ago

Where does the weekly close price come from?

We utilize the built-in capabilities of to calculate and store relevant asset prices for the Gud Guess game.

The BTC/USD price we use for Gud Guess is calculated on-chain using 5 minute interval TWAP prices from the Uniswap v3 0.05% fee pools and on Arbitrum and normalizing to a .

When the weekly close occurs, we calculate and store the final close price immediately and any winners can begin claiming their share of the jackpot at that time.

Uniswap v3 oracles
WBTC/WETH
WETH/USDC
predetermined precision USD value