prediction market on base where your deposit stays intact no matter what you predict. you only risk the yield.
so how does it work?
picture your deposit split in two: the principal, and the interest it earns. praxis protocol tokenizes both.
drop usdc in a vault, get two tokens:
> PT - your deposit. a claim to your capital back, always in full.
> YT - your yield, handed to you upfront.
the deposit earns in morpho on base. the YT becomes your prediction bankroll.
predict with YT. win, your yield grows. lose, you lose yield - never the principal sitting behind it. at the end you redeem your deposit + whatever yield's left.
it's pendle logic meeting a prediction market. deposit once, play as much as you want.
every other market is risk everything. praxis is risk only what accrued.
testnet's in the base app, late june.
jump in waitlist - https://www.praxis.cc/
so how does it work?
picture your deposit split in two: the principal, and the interest it earns. praxis protocol tokenizes both.
drop usdc in a vault, get two tokens:
> PT - your deposit. a claim to your capital back, always in full.
> YT - your yield, handed to you upfront.
the deposit earns in morpho on base. the YT becomes your prediction bankroll.
predict with YT. win, your yield grows. lose, you lose yield - never the principal sitting behind it. at the end you redeem your deposit + whatever yield's left.
it's pendle logic meeting a prediction market. deposit once, play as much as you want.
every other market is risk everything. praxis is risk only what accrued.
testnet's in the base app, late june.
jump in waitlist - https://www.praxis.cc/