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Economics & Incentives

Every mechanism serves an explicit game-theoretic purpose: make honesty profitable and misbehavior costly.

Mechanism Table

MechanismDesignGame-theoretic purpose
Creation deposit (≥600 USDC)Staked at creation, fully refunded unless the result is overturnedDeters junk / maliciously wrong markets; creators own result quality
Taker fee (0.2%)Paid by takersCore protocol revenue, scales with volume
Cross-match surplusPrice spread from cross fills goes to the protocolExtra revenue, transparent to users (who already got price improvement)
Dispute stakeDisputer stakes = creation deposit, forfeited on lossRaises the cost of frivolous disputes
Vote staking + pool splitWinning side gets principal back + pro-rata share of the losing poolRewards honest voting, punishes the wrong side
Dispute payoutThe dispute winner takes their stake back + the loser's depositEconomically rewards correcting wrong results / punishes wrong challenges
Rent reclamationRent refunded when closing markets / accounts / vote recordsLowers long-run account cost

Protocol Revenue

Protocol revenue = taker fees + cross-match surplus

Competitive Comparison (architecture)

DimensionAstromarketsPolymarketTraditional CEX prediction desks
ChainSolana (sub-second, cent-level fees)PolygonCentralized
MatchingFully on-chain CLOBOff-chain matching + on-chain settlementCentralized matching
Liquidity modelOrder book + cross matching (implied mint/redeem)CLOB (off-chain)Order book
Capital efficiencyYes/No liquidity merged, ~2× depthSingle-sided
Result resolutionOracle + staked voting + DAO reviewUMA optimistic oraclePlatform decides
CustodyOn-chain PDAs, nobody can divert fundsOn-chainPlatform custody
TransparencyFully on-chain, event-reconstructiblePartly off-chainOpaque