Position Tokens (ERC-1155)

What You Get

Every commitment mints an ERC-1155 token with:

  • Token ID: Encodes market + outcome

  • Amount: Your commitment size

  • Metadata: Timestamp, beta weight, market details

Token Purpose

Position tokens serve as:

  • Proof of commitment: Verifiable on-chain record

  • Claim mechanism: Required to claim payouts

  • Portfolio tracking: View all your market positions

Important Note: Position tokens are non-transferable and should not be traded. They exist as proof of your commitment and for claiming payouts.

Creating Your First Market

Step-by-Step Guide

  1. Navigate to Create Market

  • Click "Create Market" in navigation

  • Fill out market creation form

  1. Define Event Details

  • Bellow $50,000

  • $50,000 - $75,000

  • $75,000 - $100,000

  • $100,000 - $150,000

  • Above $150,000

  1. Set Timeline

  • Market opens: May 1, 2025 00:00 UTC

  • Market closes: Dec 31, 2025 22:00 UTC

  • Resolution time: Jan 01, 2026 00:00 UTC

  1. Configure Parameters

  • Beta open: 5.0 (5x multiplier for early commitments) - Optional

  • Commitment token: USDC

  • Minimum commitment: $10

  1. Submit Transaction

  • Confirm transaction in wallet

  • Wait for confirmation

  1. Share Your Market

  • Copy market link

  • Share on social media, Discord, Twitter

  • Build liquidity to reach threshold

  • Graduate to Public Markets page

Last updated