FAQ
The questions that actually come up.
What am I actually buying?
A normal ERC-20 coin. What is unusual is its quote asset: instead of trading against a stablecoin, it trades against a ticket that represents one side of a prediction market. So its price carries both the demand for the coin and the odds of that side.
Do I need to hold tickets to trade?
No. The router swaps your USDG into tickets and into the coin in a single transaction, and back out the same way. Tickets only appear in the detail lines.
How do I actually win something?
Stake your coin on a side. If that side is right when the market resolves, the winning stakers share the pot in USDG, pro-rata to how much they staked. You claim it — nothing is pushed to your wallet automatically.
What happens if the coin's side loses?
The tickets it trades against become worthless, so the pot pays nothing and the pool holds only coins. The insurance reserve goes to the stakers who backed the other side. The coin itself is not dead: at re-pair, the recovered supply goes onto a fresh bonding curve against the next bet.
What if the market is voided?
Every side redeems an equal share of the collateral. Nobody is paid out of the pot — its value is kept as insurance for the next cycle instead.
What if the underlying market takes a long time to resolve?
Nothing breaks and nothing is forced. Nobody can honestly propose a payout, so the mirror market simply stays open past its end date and coins keep trading in their PARI phase until somebody can.
What if somebody proposes the wrong outcome?
Challenge it within 24 hours by posting a bond. That freezes the market and hands it to the arbiter, who decides and awards the loser's bond to the winner. Until then, no tickets can be redeemed.
Can the probability be manipulated?
It is a 30-minute time-weighted average, not a spot price, and a coin can only launch against a side whose pool holds at least 5,000 USDG. Both make a quick push expensive. On a thin market it is still the number to treat with the most suspicion — the mirror-pool liquidity is shown next to it for exactly that reason.
Why can I not unstake?
Stakes are locked for the cycle they back, otherwise you could watch the odds move and switch sides at the last second. As soon as the cycle settles, your stake unlocks and you can withdraw it or roll it into the next one.
What does the creator get?
15 % of every fee the coin ever charges, vesting linearly over 30 days from launch, plus the deciding vote on the next market when no staker votes. There is no premine and no allocation.
Who moves the coin to the next bet?
Anyone. Settling and re-pairing are permissionless calls — a keeper usually does it, but the buttons are on the coin's resolution page and anybody can press them.
What is the difference between the two reward modes?
In pay stakers mode the pot is distributed in USDG to whoever backed the winning side. In buy back and burn mode the same value buys the coin on its own pool and burns it, so holders benefit through supply instead of a payout. The mode is chosen at launch, cannot change, and is shown on every coin page.