Tyche Markets — Decentralized Prediction Markets on Plasma (XPL)
Why We Built a Prediction Market on Plasma (And Why Parimutuel Pools Matter)
The Problem with Current Prediction MarketsExisting platforms like Polymarket and Augur use order book models. You place a bet, the platform matches you with someone willing to take the opposite side. This works fine for popular markets with lots of liquidity, but creates real problems elsewhere. First, there's counterparty risk. If nobody wants to bet against you, your order sits unfilled. On illiquid markets, this can take hours or days. Sometimes it never fills at all. Second, fees ad...
Why We Built a Prediction Market on Plasma (And Why Parimutuel Pools Matter)
The Problem with Current Prediction MarketsExisting platforms like Polymarket and Augur use order book models. You place a bet, the platform matches you with someone willing to take the opposite side. This works fine for popular markets with lots of liquidity, but creates real problems elsewhere. First, there's counterparty risk. If nobody wants to bet against you, your order sits unfilled. On illiquid markets, this can take hours or days. Sometimes it never fills at all. Second, fees ad...
