MAD Market Teaser: Quick Look
Sneak peek of the platform
Last updated
Sneak peek of the platform
Last updated
We're thrilled to introduce MAD Market, an exciting Altcoin vs. Altcoin pairing trading pool! It’s designed to be beginner-friendly, like a 'Prediction Market,' but even better! Ready to dive in? Let us explain! At the core, this is how our product works:
Stake: Pick a side and stake in your selected pool of the altcoin in the competing pair matchup. You have the flexibility to adjust your stake or unstake before the pool closes. Initially, we'll start with USDC as the staking option and may introduce more options later on.
Leveraged Upside: Enjoy leveraged returns based on the outperformance of your chosen Altcoin.
Limited Downside: Potential losses are capped at your stake, with no extra collateral required.
Outcomes at Maturity: No knock-out or early liquidation—say goodbye to stop hunts with futures.
Final Payout: Earnings are based on the relative performance of the paired assets and are settled in USDC.
For the technical folks: We're creating a primary order book to determine market-driven implied premiums for any altcoin. The maximum payout for each pool is the total staked in the opposing pool, reflecting the implied premium of holding Asset A vs. Asset B. This is key to our platform expansion, with bigger goals beyond just a community prediction market.