Blockchain Info

OnChainBets operates on Azuro Protocol, a decentralized betting protocol. It currently supports Polygon (MATIC) and Gnosis (xDAI). Bets are placed and redeemed in USDC on Polygon Mainnet and xDai on Gnosis Chain.

• What is Polygon (MATIC)? Polygon, formerly MATIC Network, is an L2 scaling solution for Ethereum, utilizing PoS for lower fees and faster transaction times.

• What is USDC?

  USDC is a stablecoin pegged to the US Dollar, used for all bets on OnChainBets.

• Where to Get MATIC and USDC

  • Fiat to USDC: Purchase MATIC/USDC directly on OnChainBets using the funding tab, facilitated by Mt.Perelin.

  • CEX (Centralized Exchange): Buy and withdraw MATIC/USDC from CEXs like Binance, Coinbase, or Kraken.

  • DEX (Decentralized Exchange): Swap existing cryptocurrencies to USDC using a DEX, integrated into OnChainBets through 1Inch.

  • Bridge: Utilize bridges like Hop Protocol to bridge assets between chains, available directly on OnChainBets.