The project launches without prediction fees, allowing users to participate freely while leveraging BNB Chain's low-cost, high-speed infrastructure.
Prediction Market News
Probable, a zero-fee prediction markets platform incubated by PancakeSwap and supported by YZi Labs, will launch exclusively on BNBChain in the near future. The platform aims to offer fast, transparent prediction services covering crypto, global events, sports, and regional markets.
The project launches without prediction fees, allowing users to participate freely while leveraging BNB Chain's low-cost, high-speed infrastructure. PancakeSwap is providing guidance and support as Probable scales, though the prediction market operates as an independent venture.
Probable's interface focuses on simplicity and speed with straightforward market access and fast settlement processes. The platform emphasizes on-chain transparency while avoiding cluttered designs that complicate user experience in traditional prediction markets.
UMA's Optimistic Oracle secures the platform through dispute-driven validation that provides fast, tamper-resistant event verification. The oracle infrastructure delivers economically guaranteed outcomes across crypto, politics, and sports markets through trust-minimized settlement mechanisms.
Users can deposit any token for automatic conversion into $USDT on BNB Chain without manual swapping or bridging. The streamlined onboarding process removes technical barriers that typically prevent mainstream users from accessing prediction platforms.
The platform will offer unique markets, including regionally focused events and region-specific sports competitions rarely available on existing prediction services. Coverage spans crypto price movements, global political developments, major sports outcomes, and niche local events.
Prediction markets gained significant momentum in 2024 as Kalshi and Polymarket drew billions in monthly volumes from October onward. Major crypto firms, including Coinbase, Gemini, Robinhood and MetaMask, subsequently announced investments or new ventures in the prediction markets space.
Regulatory uncertainty remains a challenge for prediction platforms due to unclear distinctions from sports betting or gambling. Kalshi, which operates under Commodity Futures Trading Commission licensing, has faced enforcement actions from multiple state authorities viewing event contracts as illegal online gambling.
PancakeSwap characterized the launch as bringing a new wave of innovative prediction experiences to users across BNB Chain. The platform positions itself as a user-first alternative emphasizing zero fees, transparent settlement and access to diverse market categories.
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