Novel Oracle Data Generation

In addition to user-requested alerts, SCENARIO can provide and monetize an ancillary but extremely valuable service: oracle data.

Each scenario that is confirmed by the protocol also generates verifiable, onchain data about real-world occurrences: “X event was confirmed to have occurred at Y time; it was verified by N actors, each of which had ABC protocol reputation accrued (and at stake).”

This oracle data will greatly expand upon what is currently available through services such as UMA and Chainlink, creating a long tail of user-driven outputs that can be used to trigger smart contracts, power prediction markets, and fuel entirely new categories of decentralized applications.

Scenario's oracle data is:

  • Demand-driven: Only events people actually care about get tracked and generated as data
  • Crowd-verified: Multiple independent confirmers validate each event
  • Economically secured: Staking and slashing mechanisms underpin honest reporting
  • Broadly accessible: Anyone can contribute to or consume the data
  • Highly granular: From major market events to niche community milestones or releases
  • Modular and composable

Automated DeFi Protocols

// Example: Auto-liquidation based on regulatory news
contract RegulationTrigger {
    function checkScenarioResolution(uint256 scenarioId) external {
        if (ScenarioOracle.isResolved(scenarioId, "SEC_ETHEREUM_RULING")) {
            // Automatically adjust protocol parameters
            adjustCollateralRatios();
            pauseHighRiskOperations();
            notifyStakeholders();
        }
    }
}

SCENARIO’s oracle data will have the potential to inform and power:

  • DeFi market events
  • Prediction market resolutions
  • Governance & DAO operations
  • Risk flags and alerts in response to critical events (both onchain and offchain)
  • Risk assessments and pricing model adjustments based on real-world developments
  • Compliance automation based on regulatory changes in real-time

Infinite Market Creation

Anyone can create prediction markets around any Scenario event:

  • "Will the Fed raise rates at the next meeting?" ← Scenario tracks the announcement
  • "Will X token launch before Y date?" ← Scenario confirms the launch
  • "Will the next Ethereum upgrade be delayed?" ← Scenario monitors development milestones

Unique Capabilities

1. Niche & Long-Tail Events Scenario's demand-driven model means even highly specific events can get reliable oracle data:

  • Small protocol launches
  • Regional news events
  • Community-specific milestones
  • Emerging trend confirmations

2. Temporal Flexibility Create scenarios for events that might happen in minutes, days, or years:

  • "Breaking news in the next hour"
  • "Election results by midnight"
  • "Technology breakthrough by 2025"

Future Possibilities

AI-Enhanced Verification

Combine human verification with AI:

  • Pre-filtering: AI systems flag potential events for human verification
  • Confidence Scoring: Machine learning enhances confirmation reliability
  • Pattern Recognition: Identify related events and market implications

Economic Opportunities

For Developers

  • Oracle Fees: Charge for high-frequency oracle data access
  • Custom Integrations: Build specialized oracle solutions for specific industries
  • Data Analytics: Provide insights and predictions based on Scenario data

For Confirmers

  • Premium Events: Higher rewards for confirming high-value oracle events
  • Specialized Knowledge: Earn more by focusing on specific domains
  • Institutional Contracts: Long-term agreements with major oracle consumers

For the Protocol

  • Oracle Revenue: Fees from smart contract integrations
  • Data Licensing: Premium access to historical and real-time data
  • Enterprise Partnerships: Custom oracle solutions for large organizations

From DeFi protocols that adapt to market news in real-time, to prediction markets that can bet on literally anything, to insurance products that pay out automatically when disasters strike - Scenario's oracle data can power the next generation of intelligent, responsive, decentralized applications.