Architecture

Token economics


  • Minting: User deposits collateral, pays fee = collateral * fee_bps / 10000, receives shares = collateral - fee in YES + NO tokens
  • Burning: User burns equal YES + NO tokens, receives collateral back (minus fees already paid)
  • Trading: Users can transfer YES/NO tokens to each other (P2P trading). Migrating to Cast DEX soon
  • Redemption: After resolution, winning token holders redeem 1:1 for collateral
Previous
State transitions