Sanko Predicts

Sanko Predicts is a versatile decentralized prediction market that allows users to forecast the prices of cryptocurrencies over a one-month period, in addition to real-world events. Once a set time for deposits has passed, the vaults lock, and no new deposits are allowed. The app features a countdown clock displaying both the time until vault closure and the expiry time of the prediction period. Tokens deposited in the losing pool are transferred proportionally to winners based on their total stake, while a 4% protocol fee contributes to $SP deflation. Sanko Predicts will also feature a live chat function, contributing to a robust 'Smoovie Phone' community communications network, and semi-permissionless pools, allowing users to create their own prediction markets with custom graphics. If a user’s market is approved and goes live, they will receive 10% of the protocol fees generated by that market. Sanko Predicts is also launching on Arbitrum as Arbitrum Predicts, becoming the first prediction market on the Arbitrum Orbit.