Library/Mechanisms for Prediction Markets
DesignExplainer

Mechanisms for Prediction Markets

Raye Hadi, Sofia Cossar, Ori Shimony·August 22, 2024·Blog
conditional tokens and oracles turn speculation into verifiable onchain outcomes

Why It's Worth Reading

Technical explainer of how onchain prediction markets work, using Polymarket as the primary case study. Covers the Gnosis Conditional Token Framework, Central Limit Order Books vs AMMs, UMA Oracle dispute resolution mechanics, and liquidity incentive programs.

Some technical background helpful

Concepts

Platforms mentioned: Polymarket

Related Reading