Rain launches an alpha version of their open, fully decentralized, and automated options protocol, enabling the creation and resolution of prediction markets
Rain, a decentralized automated options protocol, introduces the alpha version of its platform, democratizing entry to forecasting markets. Rain’s platform allows customers to create and take part in outcome-based markets at any scale, from international occasions to area of interest eventualities. Rain makes use of an AI-based oracle for public occasion outcomes, and a built-in dispute mechanism to make sure end result verification is correct, trusted, and immune to manipulation.
Current prediction markets, whether or not centralized or semi-centralized, endure from a slim scope and inflexible design. They are likely to focus solely on main international occasions, comparable to elections or main sporting occasions, whereas ignoring smaller-scale eventualities vital to wider audiences. This lack of accessibility leaves potential members with out related prediction swimming pools by which to have interaction.
Rain’s protocol affords a universally adaptable outcomes market for creating customized options markets of various sizes and matters. It permits customers to create each public and personal markets, on virtually any matter, in any language. It makes use of an automated market maker (AMM) system to dynamically regulate value sharing based mostly on funding allocation.
To guarantee preliminary end result verification of public markets is correct and reliable, Rain leverages Delphi, a consensus-driven AI oracle developed by Olympus AI. Delphi makes use of a number of unbiased “explorer” brokers and a closing “extractor” choose to generate dependable knowledge that good contracts can act on. A 15-minute dispute window permits for challenges, making certain quick, exact, and manipulation-resistant outcomes, with out the want for centralized intermediaries.
Built on Arbitrum, with plans to broaden to extra networks, Rain’s token was just lately listed on MEXC, Gems Trade, and BingX following a profitable presale on Gems Launchpad earlier this yr. The native $RAIN token, which is predicted to be listed on extra main exchanges, helps DAO governance and transparency, with broader utility deliberate to be introduced. Market participation doesn’t require $RAIN, as prediction swimming pools run on USDT, however the token is designed to strengthen the ecosystem’s long-term sustainability. Rain’s tokenomics mix a deflationary buy-and-burn mannequin, allocating 2.5 p.c of swimming pools’ buying and selling quantity, with an inflationary issuance that helps development and rewards contributors, aiming to align incentives whereas retaining the economics balanced.
About Rain:
Rain introduces an progressive platform that lets anybody create and commerce customized options on virtually something. By leveraging blockchain expertise, Rain ensures transparency, reduces counterparty dangers, and opens international entry with out geographic restrictions. For extra data, go to: https://www.rain.one/
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