Prediction Markets

If you are building an on-chain prediction market protocol and want to be Skywalk-ready, here's one key tip: offer the ability to tokenize your positions!

Skywalk works best for binary market designs.

Token Issuance Options

Issuance Strategy	Works Best With	Pros / Cons
Universal Issuance	Account Abstraction	Maximally composable. Protocol doesn't store balances. EVM approval flows can be mitigated with smart contract wallets.
On-Demand Issuance	Power Users	Protocol can maintain a ledger of position balances. Requires manual activation by the user.

And here's how to think about the type of token you'll issue:

Token Type	Workflow
Any Receipt Token	Tokens may be wrapped inside a Skywalk Prediction Token (SPT) if it is compatible with one of the SPT Standards
Alternative Native Tokens	Protocol controls ANT issuance. Highly liquid ANTs are upstreamed and wrapped inside an SPT

Redeemability Requirements

The position tokens your protocol issues should be instantly redeemable at resolution.

Liquidity Bootstrapping Services

The Skywalk Liquidity Network can also help with liquidity bootstrapping for your protocol through the co-development of liquidity incentive programs. You should have the ability to provide strong financial incentives to maximize the success of these programs.

Skywalk Registry Upstreaming

Your protocol retains full control over ANT issuance. In-demand prediction markets that may benefit from additional trading venue distribution will be wrapped into a SPT and included in the registry for syndication.