Prediction
Based has integrated PolyMarket, enabling users to access and participate in prediction markets directly from the Based Terminal and mobile app. Users can explore hundreds of markets across a wide range of categories.
Mobile Prediction and BasedPals markets will be introduced in upcoming updates.
You can access the prediction interface at: https://app.based.one/predict
Gold Earn for Prediction
Gold earned from prediction activity follows a similar earning rate to trading each epoch. At launch:
Prediction rewards are capped at a maximum of 2 million Gold per epoch, in addition to the existing 10 million Gold epoch emission.
The reward rate will be actively adjusted based on overall usage to maintain fair and balanced Gold distribution between trading and prediction activities.
Fees - current builder fees is 1% of all trades
The below data will be applicable soon (to be announced)
Trading fees are calculated as a variable percentage of the expected payout for each contract. This expected payout is determined by taking the maximum possible earnings and multiplying it by the implied probability of achieving those earnings (which is simply the contract price divided by $1). Fees are applied for buys and sells / opening and closing of positions.
The fee you pay for a trade, in dollars, follows this formula:
fee = round up (0.07 × C × P × (1 – P))
Where:
P is the contract price in dollars (e.g., 50 cents = 0.5)
C is the number of contracts being traded
round up means the amount is rounded up to the nearest cent
$0.01
$0.01
$1.00
$0.07
$0.05
$0.01
$5.00
$0.34
$0.10
$0.01
$10.00
$0.63
$0.15
$0.01
$15.00
$0.90
$0.20
$0.02
$20.00
$1.12
$0.25
$0.02
$25.00
$1.32
$0.30
$0.02
$30.00
$1.47
$0.35
$0.02
$35.00
$1.60
$0.40
$0.02
$40.00
$1.68
$0.45
$0.02
$45.00
$1.74
$0.50
$0.02
$50.00
$1.75
$0.55
$0.02
$55.00
$1.74
$0.60
$0.02
$60.00
$1.68
$0.65
$0.02
$65.00
$1.60
$0.70
$0.02
$70.00
$1.47
$0.75
$0.02
$75.00
$1.32
$0.80
$0.02
$80.00
$1.12
$0.85
$0.01
$85.00
$0.90
$0.90
$0.01
$90.00
$0.63
$0.95
$0.01
$95.00
$0.34
$0.99
$0.01
$99.00
$0.07
Access Restrictions
Prediction market features may not be available in certain jurisdictions due to regulatory requirements.
Beta Notice
Prediction Markets is currently in beta. Users are encouraged to report any issues or bugs to help improve the overall experience.
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