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PancakeSwap and YZI Labs Launch On-chain Prediction Markets

Published by
Sohrab Khawas

PancakeSwap is co-incubating Probable, a new on-chain prediction market protocol on BNB Chain developed with YZI Labs. Probable will host markets on sports, politics, crypto, and macro events, letting users deposit a wide range of tokens that are automatically converted into USDT for placing bets. Market resolution will rely on UMA’s Optimistic Oracle, aiming to deliver fast, tamper-resistant, economically secure outcome verification as BNB Chain pushes into next generation prediction markets.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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