As in normal prediction markets, participants bet on the outcomes of real-world events, in this case soccer and American football games or cryptocu
As in normal prediction markets, participants bet on the outcomes of real-world events, in this case soccer and American football games or cryptocurrency price movements. But whereas in the regular markets those who bet wrong lose money, in the no-loss variant, losing bettors recover as much USDC as they put in, when the principal on the DeFi deposit is repaid.
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