> For the complete documentation index, see [llms.txt](https://docs.orioleinsights.io/home/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.orioleinsights.io/home/faq/faq-or-common-questions-and-answers/prediction-mechanics-or-up-down-predictions.md). # Prediction Mechanics | UP/DOWN Predictions ## **What are** **UP/DOWN prediction mechanics?** \ Oriole Insights employs a straightforward and user-friendly approach in its UP/DOWN prediction mechanics, eliminating the need for users to enter the exact price of the chosen asset. Participants begin by selecting a specific digital asset from the platform's offerings and indicating their prediction on whether the asset's price will move "UP" or "DOWN." **More details** [**here**](https://docs.orioleinsights.io/home/whitepaper/core-mechanics-and-reward-system-of-oriole-insights/up-down-prediction-market)**.** *** ## **How does Oriole Insights handle discrepancies or disputes in prediction outcomes?** \ For the UP/DOWN prediction market, Oriole Insights uses external API to get the accurate price of crypto assets. To calculate right/wrong predictions, the platform uses the closure of a daily candle - so there might be no issues that can lead to disputes. For the ROI Prediction Markets, Oriole Insights will implement a validation mechanism to find the accurate and correct winning answer. Also, Oriole Insights DAO will serve as a place where all community members can open disputes and debate on issues and platform possible changes. *** ## **Are there level requirements to open long and short positions simultaneously?** \ For now, only one prediction for one project in one direction is available at the same time. The platform doesn't allow making predictions in UP and DOWN directions simultaneously for a specific project. *** ## **What are the conditions for canceling a prediction?** If we are talking about the UP/DOWN Prediction Market, we allow users to cancel their prediction on a placement day for free until midnight (UTC). Between 00.00 and 00.30 UTC, your vote will be pending, so at this time, you won't be able to interact with a vote. After 00.30 UTC the next day, you can cancel a vote by paying a fee (50%). To avoid market manipulations and system abuse, we don't allow cancellation of predictions that have a timeframe of 3-6 days. *** ## **Why can't short deals be canceled while they are pending?** We are forbidden to cancel predictions within 3-6 days to avoid manipulating the market sentiment score or a specific project's sentiment score by spamming cheap predictions and misleading the community. *** ## **Is it possible to claim the daily token reward more than once daily?**
No. Daily ORI token claim task is added only for testing purposes. It can be claimed only once per day. *** ## **What does the "Pool" button on the asset page mean?** "Pool" on the project's page refers to the sum of all ORI put for predictions for this specific project at the current moment.