Psychic Finance Q&A
Q :What is the Psychic finance?
A: Yieldfarm ,Predict market, Psychic NFTs card , with many ways to earn
Q: Why I can’t claim all my farming rewards?
A: Psychic reward pools have a time lock of 75% for 1 year. The other 25% can be claimed anytime. This mechanism is to ensure that price cannot be dumped and to focus on getting mid to long term players on board.
Q: What can I use PSY for?
A: Staking pool is being developed where PSY can be staked and points can be earned. Points earned can be used to draw random cards which can be minted into NFT or used to increase PSY rewards in bet/predict market.
Q: What is bet/predict market?
A: Bet/predict market is a feature in the Psychic ecosystem where PSY can be used to place bets on a crypto market trend and earn PSY as rewards.
E.g. — Will BNB price hit $220 by 19 February 10AM (UTC +8)?
Yes/No
Correct bets on predictions will be rewarded PSY from pool of users that registered for that bet/predict round.
Q: Are we listed in Coingecko? coinmarket cap?
A: Yes. You can search for Pyschic Token or PSY
Q: What is psychic market?
A: marketplace to buy and sell NFT cards with PSY token
Q: How can I get an NFT card?
1) PSY staking and reward points to open random card (500 points = 1 Card)
2) You can purchase or place bid in psychic market
Q: What is the role of a creator and referee in predict market?
1) Creator can list predict
2) Referee can verify predict result with proof link
Q: What chain is Psychic Finance on?
A: Psychic is a BSCX Fork running on Binance Smart Chain (BSC)
Q: What is the PSY TOKEN?
A: You can check out our Medium page for more details — https://psychicfinance.medium.com/about
Q: What can I do with PSY TOKEN ?
A: Yield farming, bet in predict market and purchase NFT card in the psychic market
Q: What is psychic NFT card?
A: They can reward you with greater PSY Rewards. With the oracle cards, you can predict the market
Q: How can I buy PSY token?
A: On pancake swap, link is in pinned messages
Q : When will psychic market and predict market open?
We’ve planned in our roadmap for
Q2 — Psychic market
Q3 — Predict market
We will try to get out a beta version of
psychic market up can open by end of May.
