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Prediction Perps

What if an asset could continually pay a return that depends on something happening in the world right now?

  • A token whose value depends on the weather.
  • A token whose value depends on the league position of a team.
  • A perpetual asset, with no expiry, whose return depends on real world phenomena.

We call these assets Prediction Perp Tokens (PPT).

1. A new kind of asset

Investments have historically paid either a fixed return or a dividend that depends on how much profit a business makes. Prediction Perps introduce a new type of return: one that depends on what is happening in the world right now.

That return can follow the weather (temperature, rainfall), the league position of a sports team, the approval rating of a political party, or many other phenomena.

A position can be held for a day, a season or ten years. It can be a view on where something is heading, a way of backing a side, or a hedge against a phenomenon.

2. What today's markets can't give you

There are already ways to take a position on the weather or on a football team. These are all expiring positions, on specific questions with specific outcomes.

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