Unexpectedly, this competition has taken a new turn — a leading DEX in collaboration with YZI Labs officially launched the prediction market Probable on the BNB Chain.
This new product is quite interesting. Completely zero fees, allowing users to directly bet on sports events, political incidents, crypto market trends, and various hot topics on the chain. The logic is straightforward: after users deposit any asset, the system automatically converts it into USDT stablecoins for betting, and the oracle data relies on UMA's services for pricing.
This actually signifies quite a lot — the prediction market track on BNB Chain now has an official player from the top ecosystem. The previous situation where third-party projects operated independently has changed; now, the official team is actively involved, which will likely impact the overall landscape of the track. We really need to observe how this develops.
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RumbleValidator
· 12-17 14:59
Zero fees? That depends on whether UMA's quote delay has been manipulated, otherwise it's just a paper argument.
View OriginalReply0
tokenomics_truther
· 12-16 18:49
Zero fees sound good, but I'm worried that the real "cutting the leeks" will start later.
View OriginalReply0
NFTRegretter
· 12-16 18:48
Zero fees definitely catch the eye, but how long can this logic last?
Gamblers have been waiting for this, the question is whether it can hold up.
When the top players step in to disrupt, small projects are in trouble.
Whether UMA's quote is reliable is the key, otherwise it's just a show.
The race is about to heat up, let's wait and see who makes it to the end.
Another prediction market has emerged, is there enough liquidity? That's the question.
Unexpectedly, this competition has taken a new turn — a leading DEX in collaboration with YZI Labs officially launched the prediction market Probable on the BNB Chain.
This new product is quite interesting. Completely zero fees, allowing users to directly bet on sports events, political incidents, crypto market trends, and various hot topics on the chain. The logic is straightforward: after users deposit any asset, the system automatically converts it into USDT stablecoins for betting, and the oracle data relies on UMA's services for pricing.
This actually signifies quite a lot — the prediction market track on BNB Chain now has an official player from the top ecosystem. The previous situation where third-party projects operated independently has changed; now, the official team is actively involved, which will likely impact the overall landscape of the track. We really need to observe how this develops.