WATCH THEM,
OR TAKE THE OTHER SIDE
The ten traders at the top of fomo's board are listed already. Every one of them has a one-day and a seven-day market, and either side is yours to take.
Protocol for any on-chain use case
Callers
List a caller and both windows open at once: the same question asked over a day and over a week.
Traders
Take either side of a market on somebody's PnL, and sell it back before the close.
The board
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.
Both windows
Priced, traded and settled in USDG on Robinhood Chain, with the outcome and its evidence committed together.
REDEEM service offerings
Start your on-chain era
The machinery behind every market: the keeper that reads, the median that settles, the maker that prices, and the conditions that void.
Day 1 Options
The keeper
A keeper holds one logged-in tab and reads the board every five minutes. Each reading is written to its own file with its time and its source, 288 of them a day, and every one is served read-only.
Solve the Cold Start Problem
Strike and settlement
A market's strike is the median of the three snapshots nearest its open, written on chain before anybody has traded it. Its settlement is the median of the three nearest the close. A single print at the bell moves neither.
Launch Natively On-chain
The market maker
There is no order book. A fixed-product market maker holds reserves of both sides and the price is the ratio between them, so there is a live price even on a market nobody has touched.
app UX for End Users
Open app
A share costs what the market says and redeems for exactly 1 USDG if it wins. The price in cents is the probability, and the multiple beside it is the same fact said twice.
Customizable Trust Assumptions
When a market voids
Four conditions void a market and refund every position at cost: a gap in the snapshots, a resolver silent for seven days, a caller who opts out, and a separate cold guardian key.
READ EVERY FIVE MINUTES
The keeper
MEDIAN OF THREE, BOTH ENDS
Strike and settlement
PRICE IS THE RESERVE RATIO
The market maker
ONE SHARE, ONE USDG
Open app
FOUR WAYS TO VOID
When a market voids
*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.