crystal-ballPrediction Token Standard

The Skywalk Prediction Token Standard is an open-source liquidity wrapper for tokenized prediction market positions. Tokens created using the standard share the following design properties:

  • Token standards adapt to underlying prediction market protocols

  • Each Prediction Token represents a specific outcome in a specific underlying prediction market

  • Prediction Tokens, once created, are immutable (non-upgradeable) and adhere to a specific edition of the standard

  • Each Prediction Token must be backed by an equivalent amount of the underlying prediction market position

  • Backing assets are isolated on a per-token / smart contract basis and are never commingled

  • There are no special minting or redemption privileges

Benefits

On-chain builders can expedite the onboarding of prediction market positions into their platform while users can be assured of the integrity of the asset wrapper and the security of their underlying assets. Builders also benefit from shared liquidity and composability when utilizing Skywalk Prediction Tokens.

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