BTC/USD Close Price Calc

Where does the weekly close price come from?

We utilize the built-in capabilities of Uniswap v3 oracles 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 WBTC/WETH and WETH/USDC on Arbitrum and normalizing to a predetermined precision USD value.

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.