# Abstract

Degen Duel is an innovative decentralized platform that gamifies cryptocurrency price predictions through competitive duels. Built on Ethereum smart contracts, it allows users to stake $DUEL (the native ERC20 token) or USDC on forecasts of price movements for major assets like ETH. Leveraging Chainlink oracles for fair resolutions and Uniswap V2 for fee processing, Degen Duel combines speculation, community engagement, and deflationary tokenomics. Winners claim pots from losers minus fees, which include token burns to enhance $DUEL scarcity. This whitepaper details the platform's architecture, mechanics, economics, and roadmap, positioning Degen Duel as a leader in Web3 prediction markets.
