Watch them, or take the other side
Explore the ten callers, the two time windows and the rules that turn PnL readings into UP and DOWN outcomes.
One figure, four ways in
List a caller and both windows open at once: the same question asked over a day and over a week.
Take either side of a market on somebody's PnL, and sell it back before the close.
Every market is written on a figure the caller's own board already publishes. Nothing has to be integrated and nobody has to opt in.
Priced, traded and settled in USDG on Robinhood Chain, with the outcome and its evidence committed together.
Behind every market
The machinery behind every market: the keeper that reads, the median that settles, the maker that prices, and the conditions that void.
The keeper
A logged-in session reads fomo's leaderboard every five minutes and writes each reading to its own published file.
Strike and settlement
Both ends of a market are the median of the three snapshots nearest that moment, so a last-second flush moves nothing.
The market maker
A fixed-product market maker prices each side off its reserves, so once a market is seeded there is a live price even before anyone has traded it.
When a market voids
A gap in the readings, an opt-out by the caller, seven days with no resolution, or the guardian's emergency void. Each one voids the market instead of settling it, and every position is refunded at what it cost.
Open app
A share costs p and redeems for exactly 1 USDG if it wins, which makes the price the probability. The 2% fee is taken from winnings at redemption, never on the way in.
*The resolver is one key in v1, and that is a real limit. The backstop is in the contract rather than in a promise: after seven days anyone may void a stale market.
A one-day call on @unipcs, worked end to end
Struck at $7.0M. The market opened on a median of $7.0M and closed on $11.8M. Every holder of the call redeemed at 1 USDG.
Read the settlement Scenario:/ highlightsTen markets over one day, start to finish
Ten callers, one question each. The first cohort listed flat at 50c a side and let the people who traded first find the price.
Read the settlement Scenario:/ highlightsA seven-day put on @ether_monk, worked end to end
The seven-day side. A week of PnL, one side pays. The put closed at 3.97x and the call went to zero.
Read the settlement