Lukas

@pita

333 Following

132 Followers

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Excited to launch Prognoze.xyz mainnet (currently just Base Sepolia testnet) very soon! Only on Base. What sort of prediction markets would you like to see to trade with leverage?

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This week I built :: A new iteration of Prognoze.xyz, a leveraged prediction market platform, live on the Base Sepolia testnet. It is the first-of-its-kind PM platform that offers sustainable leverage. 👁️ Implemented a new media-like viewer 🔍 Implemented UMA oracle. 📈 Improved key mechanics of the Virtual Automatic Market Maker model used on a smart-contract level 📑 Orders are now executed faster and in batches. If anyone wants to test it out, head to https://www.prognoze.xyz/claim to claim paper tokens for trading and have fun! Any feedback is always appreciated. More information: https://x.com/LukasMikelionis/status/1843410925342339314

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Uma Oracle implementation is near for Prognoze.xyz

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People in New York be: "my flat available for short term rent! December 24-25."

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Ayo invite me so I can show all the cool stuff built for Prognoze.xyz

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What's everyone view of UMA oracle? A necessary oracle for prediction markets or would you rather have a centralised authority settling it because you can properly build a history of precedents?

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Don't you just love these deployments

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Shipped a new main markets look for Prognoze.xyz - leveraged prediction markets. Testnet live now!

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Total banger to code to Building and shipping prognoze.xyz https://www.youtube.com/watch?v=n48pzSbs0lA&list=LL&index=3&t=1379s

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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

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

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Any bugs or feedback, please be in touch! end/x

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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

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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

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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

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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

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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

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