Bimoo

Shipped a new main markets look for Prognoze.xyz - leveraged prediction markets.

Testnet live now!

Total banger to code to

Building and shipping prognoze.xyz

https://www.youtube.com/watch?v=n48pzSbs0lA&list=LL&index=3&t=1379s

I think Prognoze.xyz would benefit from the traditional news-like listing of the markets as opposed to trading i.e. a table of listed markets

Testnet Prognoze.xyz is live, excited to hear any feedback!

Any bugs or feedback, please be in touch!

end/x

We sought to create a two-stage prediction market without overcomplicating it, with traders discovering leverage for risk but also making space for a spot-like trading experience.

This creates an interesting dynamic and builds upon the idea of what prediction markets’ odds really represent, with emphasis on the current perception of an event.

8/x

At the settlement phase, traders' payouts are calculated using a parimutuel system, with the winning side sharing the losing traders’ collateral and reward pool.

7/x

Trading fees, meanwhile, are allocated to each market's reward pool, winnable only by traders who remained in the market at the time of settlement.

6/x

Leverage in these markets creates a constant feedback loop to a market’s odds, with traders repeatedly assessing their risk and exposure to the event market before the settlement, with potential liquidations if the short-term odds move against them.

5/x

Traders on Prognoze can realize their PnL at any point before the settlement of a market based on the vAMM exchange rate, where one trader's profit is another trader's loss.

4/x

This is where Prognoze seeks to innovate by building a new iteration of Virtual Automatic Market Maker (vAMM) for prediction markets. This permits us to seed markets with deep virtual liquidity and enable leverage.

3/x

Prognoze's central thesis is simple: current spot prediction markets require subsidized liquidity, suffer from stale odds, and incentivize long-term trades while punishing day traders by immediately impacting their PnL.

2/x

Introducing Prognoze: prediction markets with leverage up to 10x (for now).

Testnet on Base Sepolia is available now: http://prognoze.xyz

Claim testnet trading tokens now on the /claim page. Ping me if you need testnet ETH (limited supply!)

cc @jessepollak

Can anyone invite me to the Base channel?

gm gm

Launched prognoze.xyz on testnet - prediction markets with leverage!

https://x.com/LukasMikelionis/status/1843410925342339314?t=8uI2eUxP4ACwhyD2O0iZfA&s=19

I have many reservations about how some "leveraged" prediction markets are being implemented. Offering Harris/Trump based on Polymarket price feed does not mean you made leverage happen in prediction markets. It's a one-off event.

My stab at a problem will launch on testnet in the next week or so. Excited about it

What is the current go-to wallet connector meta? Do we still use RainbowKit, or is there something better/newer?

What's the current good tokenomics meta? Strict revenue share, points, buy and burn?

/DeFi