Question 1

What is Predictpool?

Accepted Answer

Predictpool is a decentralized parimutuel prediction market protocol on Polygon. Users stake USDC on real-world event outcomes during an open window. After the event resolves, winners claim proportional payouts from the total pool, minus a small protocol fee. All funds are held in smart contract escrow and settlement is fully onchain.

Question 2

How does Predictpool ensure fair odds?

Accepted Answer

Predictpool uses onchain aggregation of all bets to calculate transparent parimutuel odds. Pool ratios update in real time as participants stake on outcomes — there is no central party setting prices. Interfaces display pool depth, recent inflow, concentration, and time remaining so implied odds are never misread.

Question 3

What is a parimutuel prediction market?

Accepted Answer

A parimutuel market pools all stakes together. After an event resolves, winners share the entire pool proportionally to their stake, minus a protocol fee. Unlike order-book markets, participants stake against each other rather than a market maker, and odds are determined entirely by the distribution of stakes.

Question 4

Which blockchain does Predictpool use?

Accepted Answer

Predictpool is deployed on Polygon, a proof-of-stake Ethereum-compatible network. Polygon offers low transaction fees and fast finality, making it practical for frequent onchain prediction market interactions.

Question 5

How are prediction markets resolved on Predictpool?

Accepted Answer

Predictpool uses a phased oracle model. Current markets use a designated resolver that must reference pre-committed sources and apply explicit invalidation rules. Future phases transition to a dispute-based oracle with proposer and challenger bonds, dispute windows, and escalation rules. Markets with ambiguous outcomes are invalidated and stakes refunded.

Question 6

Is Predictpool non-custodial?

Accepted Answer

Yes. All funds are held in auditable smart contracts on Polygon — Predictpool never takes custody of user assets. Payouts are claimed directly from the contract after resolution with no intermediary.

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