BorB is a decentralized prediction market platform built on blockchain (currently operating on BNB Smart Chain. Ethereum and Polygon coming soon). The platform’s core enabling technology provides the ability to settle markets within seconds on the blockchain. BorB lets you test your foresight to earn rewards. Use your market knowledge or gut feeling to predict if the BTC or other asset will go up or down in the near future. Get it right and you’ll earn up to 80% from your deposit. These are ‘Bullish’ or ‘Bearish’ bets, allowing the trader to get a result in just a matter of a few minutes.
Liquidity on BorB is provided by a decentralized LP pools. The profitability of LP pools should be 2-4%. In this case, successful traders take money from unsuccessful ones, and liquidity providers earn on volumes. In order to enable decentralized LP pools, LP providers will have to acquire USDC or USDT and deposit it in BorB's smart contract. This mechanism was primarily introduced to resolve issues around in-game liquidity. Providing stablecoins gives the LP right to participate in LP pools and capture fees generated from the platform. When participants provide liquidity, BorB LP share tokens (Token+) are issued. Token+ holders can withdraw at any time to receive their share of the pool, which includes any gains.