Solana Prediction Protocol Melee Launches PMM Trading Mechanism for Permissionless Markets

SOL-1.21%
According to Foresight News, Solana-based prediction market protocol Melee released a Parimutuel Market Maker (PMM) litepaper, a trading mechanism designed for permissionless prediction markets. PMM improves upon traditional parimutuel mechanics by introducing dynamic pricing curves and a minimum-return floor, addressing the liquidity dilution issue faced by early participants in conventional parimutuel markets. The mechanism allows markets to launch from the first deposit without requiring professional market makers, with all settlements occurring peer-to-peer among participants.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments