@praxisprotocol
Praxis predictions are coming to BaseApp.
Here’s the flow:
1️⃣ Deposit into a timed vault
2️⃣ Funds starts earning yield
3️⃣ You receive two tokens instantly:
• PT - your principal claim
• YT - tokenized yield minted upfront
Then something new happens.
You predict with YT — not your deposit.
Correct predictions increase your future yield.
Incorrect reduce yield only.
Your principal always stays intact.
At maturity, redeem principal + all accumulated yield.
This is a new capital design for prediction markets.
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