Permissionless markets. Community resolution. No corporate override. 1% market fee shared with token stakers.
Polymarket proved prediction markets work — $6.8B+ in volume during the 2024 US election alone. But they also proved the centralization problem: geo-restrictions locked out users globally, centralized resolution let a single entity decide market outcomes, and markets can be censored by corporate policy at any moment. A prediction market controlled by a Delaware LLC is not truly permissionless.
Forekast builds the same product with zero centralized control. Multi-oracle resolution, staked validators, and fully permissionless market creation. No CEO can pull your market. No compliance department can block your country.
| Contract | Purpose |
|---|---|
PredictToken.sol | ERC-20 governance token — staking, fee capture, validator bond collateral |
Forekast.sol | Governance — market parameters, oracle whitelisting, fee distribution, treasury |
PredictionMarket.sol | Core AMM — YES/NO share minting, liquidity pools, automated pricing via LMSR |
OracleRegistry.sol | Multi-oracle framework — whitelisting, reputation tracking, slashing for dishonest reports |
MarketDispute.sol | Dispute resolution — challenge window, staked validator voting, bond forfeiture for bad actors |
Solidity 0.8.25OpenZeppelin v5PolygonLMSR AMMChainlink Functions
Multi-Oracle Resolution
Markets resolved by consensus of ≥3 of 5 registered oracles. No single point of failure. Oracles stake tokens as bond.
Staked Validators
Dispute resolution by validators who stake $PREDICT. Honest validators earn fees. Dishonest ones get slashed.
Permissionless Markets
Anyone anywhere can create a market. No approval process. No jurisdiction blocking. The market exists as long as the chain does.
Instant Settlement
Winning shares redeem for USDC immediately upon resolution. No withdrawal queue. No "processing time." Polygon confirms in ~2 seconds.
| Allocation | % | Vesting |
|---|---|---|
| Liquidity Mining | 35% | Emitted over 6 years to LPs providing YES/NO liquidity |
| Treasury | 25% | DAO-governed — oracle grants, development, security audits |
| Team & Contributors | 15% | 4-year linear vest, 1-year cliff |
| Validator Rewards | 15% | Staking rewards for validators who resolve disputes accurately |
| Ecosystem Fund | 10% | Grants for market creators, data providers, integrations |
Total supply: 1,000,000,000 PREDICT. 1% market fee distributed: 0.5% to liquidity providers, 0.3% to validators, 0.2% to treasury.
| Polymarket | Forekast | |
|---|---|---|
| Market Fee | 0% (subsidized) | 1% (sustainable) |
| Permissionless Creation | No — approval required | Yes — fully open |
| Resolution | Centralized — UMA oracle + team | Multi-oracle consensus (3 of 5) |
| Geo-Restrictions | Yes — US blocked | No — unstoppable |
| Censorship Resistance | Low — company can delist | High — DAO governed |
| Revenue Model | VC subsidized, future fees unknown | Transparent 1% fee → stakers |
| Settlement Speed | Polygon (~2s) | Polygon (~2s) |
| Governance | Corporate board | Token holders via Forekast |
| Withdrawal Custody | Platform holds funds | Non-custodial — smart contracts |
Forekast charges a 1% fee instead of Polymarket's VC-subsidized free model — but that fee flows to token stakers and LPs, creating a self-sustaining ecosystem. No bait-and-switch when the VC money runs out.
Solidity 0.8.25
OpenZeppelin v5
LMSR AMM model
Polygon
USDC settlement
Chainlink oracle feeds
React + TypeScript
ethers.js v6
Real-time order book
Contracts verified. Fully tested AMM + oracle resolution. Deployed on Polygon mainnet. Portable to Base and other EVM chains.