Syndicate.io has announced a groundbreaking design for prediction market appchains, aiming to address current limitations in the sector. The new design integrates an enshrined oracle within the sequencer, eliminating the need for external oracle contracts and enabling automatic settlement at the sequencer level, thus removing trust assumptions. The appchain promises fair ordering through random or time-weighted mechanisms to prevent front-running, ensuring fairness for all participants. Custom economic models will allow trading fees to be shared with liquidity providers, and market participants will benefit from MEV generated by order flow. Additionally, the platform will use its token as gas, creating a circular economy. Syndicate.io's appchain also supports instant cross-market operations, allowing atomic arbitrage across multiple prediction chains with same-block settlement, avoiding fragmented liquidity. Progressive governance will empower market participants to vote on settlement rules and oracle sources, fostering true ownership of the infrastructure. A Bantr campaign running from October 28 to November 18 offers $100,000 in $SYND for innovative use case content.
Syndicate.io Unveils Innovative Prediction Market Appchain Design
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