Wintermute will launch a new prediction market OutcomeMarket next week

2024-09-18 08:21:28

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ChainCatcher news, according to The Block, the crypto trading platform Wintermute will launch a new prediction market called OutcomeMarket on Ethereum, Base, and Arbitrum next week.

The company is developing OutcomeMarket using Chaos Labs' Edge Proofs Oracle and will initially launch betting markets for the TRUMP and H ARRIS tokens.

Wintermute stated in a press release, "Unlike existing prediction markets that are limited to a single chain, a multi-chain approach allows users' native blockchain ecosystems to participate directly without cumbersome asset bridging." Wintermute also noted that there may be future integrations with DeFi, such as providing users with yield or leverage. Wintermute also plans to utilize trading platforms Bebop, WOO, and Backpack as market makers for the two initial ERC-20 token markets and will expand to more markets. Wintermute's trading pool will be supported by liquidity, and payments will be made when one side wins.

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Wintermute OutcomeMarket Chaos Labs

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