introduction

Common prediction markets resolve to a binary outcome where one side wins and the other side loses. The same principle exists in trading in general: one side always must lose for the other side to win.

No-loss prediction markets allow users to speculate on the direction of given asset prices in regular intervals called epochs. If the prediction was right, the user wins a share of the epoch reward. If the prediction was wrong, the user can simply participate in the next epoch without losing.

This new primitive is enabled by a novel architecture that harnesses positive feedback loops and aggregates market intelligence to drive trading returns on shared capital that keep the system sustainable.

At its heart, no-loss prediction markets combine a Signal Vault and an Asset Vault that are economically and functionally connected via the PSM token.