Introduction
This document provides a high-level, public-safe overview of the SKENAI ecosystem's staking system, prediction markets, and market making mechanisms. It is designed for beta participants, researchers, and the broader community, abstracting away proprietary logic while highlighting the unique features of your protocol.
Staking System
- Purpose: Staking enables participants to lock tokens in support of proposals, validators, or network security, aligning incentives and distributing rewards.
- Token Roles:
- SHIBAK: Core governance and staking token.
- SBV: Validator incentive and consensus token.
- BSTBL: Energy-backed stablecoin for settlement and risk management.
- SBX: Utility and market operations token.
- EVS: Market making optimization token.
- Key Features:
- Stake tokens to participate in governance, validate proposals, or support network operations.
- Earn rewards based on participation, proposal outcomes, or validator performance.
- Lock-up periods and minimum stake requirements ensure commitment and reduce manipulation.
Prediction Markets
- Purpose: Prediction markets allow participants to stake on the outcome of future events, proposals, or network metrics, harnessing collective intelligence for forecasting and decision-making.
- How It Works:
- Users stake tokens on specific outcomes (e.g., proposal approval, network upgrade success, market prices).
- Market odds and payouts are dynamically adjusted based on aggregate stakes and real-time data.
- Oracles and validators ensure fair resolution and data integrity.
- Benefits:
- Improves network forecasting and decision quality.
- Rewards accurate predictors and penalizes manipulation.
- Provides a decentralized signal for governance and market actions.
Market Making & Liquidity
- Purpose: Market making mechanisms ensure deep liquidity, efficient trading, and robust price discovery across the SKENAI ecosystem.
- Mechanisms:
- Automated Market Making (AMM): Uses pools and algorithms to set prices and provide liquidity without centralized order books.
- Liquidity Pools: Users supply tokens to pools, earning a share of trading fees and incentives.
- Performance-Based Rewards: Market makers (via EVS token) are rewarded for optimizing liquidity, reducing slippage, and supporting cross-DEX operations.
- Quantum-Inspired Features:
- Wave function market making: Price and volume are treated probabilistically for optimal execution and MEV resistance.
- Adaptive pool balancing: Real-time feedback adjusts liquidity depth and allocation.
- Cross-pool optimization: Natural route finding for efficient trade execution.
- Risk Management:
- Energy-backed stablecoin (BSTBL) provides settlement stability and absorbs volatility.
- Multi-asset risk controls and reserve management ensure resilience during market stress.
System Interactions & Token Ecosystem
- Governance-Market Coupling:
- Staking and market making are tightly coupled with governance. Stake-weighted liquidity and market-driven quorum mechanisms align incentives between decision-makers and liquidity providers.
- Constructive interference (aligned incentives) leads to efficient value capture and natural liquidity formation.
- Emergent Properties:
- Self-stabilizing value system, dynamic value evolution, and coordinated optimization across governance and markets.
Frequently Asked Questions
Q: Who can participate in staking and prediction markets?
Any eligible community member during the public beta.
Q: How are rewards calculated?
Rewards depend on stake size, proposal outcomes, prediction accuracy, and market making performance.
Q: Are the algorithms public?
The core structure and incentives are public. Detailed algorithms and proprietary logic are reserved for future disclosure.
References & Further Reading
This document provides a safe-for-public summary of staking, prediction markets, and market making in the SKENAI ecosystem. For deeper technical details or partnership inquiries, please contact the SKENAI-R team.