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Chronix

Chronix

predict. profit. plant the future.

Created on 28th June 2025

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Chronix

Chronix

predict. profit. plant the future.

The problem Chronix solves

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Chronix.Bet — Problem Solved

predict.profit.plant the future

Chronix.Bet is a next-generation BTC prediction platform, designed to be user-focused, trustless, and climate-positive. Here’s how it addresses the real issues found in other web3 betting apps:


What Problems Does Chronix.Bet Solve?

1. Eliminates Repetitive Wallet Signing

Most web3 betting platforms require users to sign every transaction, slowing down the experience.

  • Chronix.Bet introduces a vault system: deposit once, then place bets without repeated wallet pop-ups to settle bet or getting back the winning price to the vault.
  • Result: A seamless, frictionless betting experience.

2. Removes Centralized, Untrustworthy Settlement

Many platforms depend on centralized servers or manual processes, risking manipulation or downtime.

  • Chronix.Bet automates every step—bet placement, settlement, and reward distribution—using Chainlink’s decentralized Automation and Data Streams.
  • Result: Outcomes are trustless, tamper-proof, and fully on-chain.

3. Ensures Transparent and Fair Results

  • Chainlink’s decentralized oracles fetch real-time BTC/USD prices and trigger on-chain settlements.
  • No human intervention, no single point of failure.

4. Saves User Time

  • Bets resolve in a fixed 5-minute window.
  • Users don’t need to monitor the screen for long—just place a bet and return later.

5. Adds Real-World Impact

  • A portion of winnings is automatically used to mint on-chain carbon credits.
  • Every win has a positive climate impact—something traditional platforms lack.

Why Chronix.Bet is Unique (with Chainlink)

FeatureChronix.Bet (with Chainlink)Typical Web3 Betting App
Wallet SigningDeposit and place bet once, no repeated pop-upsSign every action (bet settle/price claim)
SettlementFully automated, decentralizedOften manual or centralized
Data IntegrityChainlink Data Streams (tamper-proof)Centralized oracles/feeds
User Time Commitment5-minute rounds, minimal attentionLonger, less predictable
TransparencyOn-chain, verifiable, trustlessOpaque, sometimes off-chain
Real-World BenefitCarbon credits minted automaticallyNo external impact

Technical Summary

Chain:AVAX (Avalanche Fuiji )

Chainlink Service       Usage in Chronix.bet                                                  
Data Streams           Provides real-time BTC/USD price for accurate prediction verification using DON     
Functions           Fetches real-time BTC/USD price form data streams api    
Custom Logic AutomationTriggers bet settlement in the contract      
Time-Based Automation  Schedules weekly lottery execution                                       
VRF                    Selects lottery winners randomly and fairly                              
Price Feeds            Fetches AVAX/USD and EMCH/USD prices to support deposits & carbon minting

Smart Contracts Deployed

Contract       Address                                        
Vault              0x622D987944c305b7e60A1C8D4ca6378617F8Ba2D       
Carbon Credit      0x3142A16a630a26bb4c7eC9ac175e9E4B418108A9       
Betting            0x4d2Fb695465c8fbbCFb2b9E424093BBdFC4E612B       
Lottery            0x75468b135Ba893fc1B7aD735349a1697f93950C9       

Summary

Chronix.Bet makes crypto prediction betting easier, safer, and more user-friendly by:

  • Eliminating repetitive actions
  • Ensuring trustless automation through Chainlink
  • Adding climate-positive rewards
  • Allowing users to participate in quick, 5-minute rounds without unnecessary screen time or risk of manipulation

Challenges we ran into

While building Chronix.Bet, we encountered several technical and integration hurdles. Below are some of the key issues we faced and how we approached solving them:

  • CCIP Integration Issues
    We initially planned to use Chainlink CCIP for token transfers across supported chains. However, even with the official example contracts, we ran into deployment and configuration issues.
    Additionally, on the Avalanche Fuji testnet, token exchange support was very limited — with only a few tokens available — which made realistic token-swapping tests almost impossible.

  • Data Streams API Key Access Delay
    We were excited to integrate Chainlink Data Streams due to their real-time, low-latency capabilities.
    However, we soon learned that access to Data Streams requires coordination with the Chainlink team to obtain API keys. The approval and setup process took nearly a week.
    If there had been a quicker way to self-serve or request testnet credentials, it would have saved us significant development time.

  • Chainlink VRF Subscription ID Format
    With Chainlink VRF, we only faced one major issue — the new version of the VRF subscription ID is a much larger number.
    This caused compatibility issues during contract deployment as certain toolchains and libraries didn’t accept large integers in the expected format.
    We resolved this by adjusting how the ID was passed and encoded in our deployment scripts.

Tracks Applied (2)

Onchain Finance

Chronix.Bet is a novel DeFi prediction protocol enabling users to bet on short-term BTC price movements, creating a new ...Read More

Avalanche Track

Chronix.Bet is fully deployed on Avalanche Fuji C-Chain, meeting the core requirement of this track by running all smart...Read More
Avalanche

Avalanche

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