PancakeSwap and YZI Labs Launch On-chain Prediction Markets

The post PancakeSwap and YZI Labs Launch On-chain Prediction Markets appeared first on Coinpedia Fintech News

PancakeSwap is co-incubating Probable, a new on-chain prediction market protocol on BNB Chain developed with YZI Labs. Probable will host markets on sports, politics, crypto, and macro events, letting users deposit a wide range of tokens that are automatically converted into USDT for placing bets. Market resolution will rely on UMA’s Optimistic Oracle, aiming to deliver fast, tamper-resistant, economically secure outcome verification as BNB Chain pushes into next generation prediction markets.