Trixy Protocol

Trixy Protocol is a decentralized prediction market platform built on Flow blockchain that combines binary betting markets with DeFi yield generation. Users can place bets on prediction markets while their staked assets automatically earn yield through integration with established staking protocols like Ankr, Increment, and Figment.

Problem Statement

Traditional prediction markets force users to lock capital without generating returns during the market duration. Users face opportunity cost - either bet on events or earn yield, but not both simultaneously. This limitation reduces capital efficiency and discourages long-term market participation.

Solution

Trixy Protocol solves this by integrating yield-generating protocols directly into prediction markets. When users place bets, their funds are automatically deposited into staking protocols to earn APY. Upon market resolution, winners receive both their payout and accumulated yield. Even losers receive a share of the yield generated during the market lifetime, reducing overall risk.

Key Features

1. Yield-Integrated Prediction Markets

- Binary YES/NO prediction markets with clear outcomes

- Automatic staking of bet amounts in DeFi protocols

- Real-time yield accumulation tracking

- Fair yield distribution to all participants

2. Multi-Protocol Support

- Ankr protocol integration

- Increment protocol integration

- Figment protocol integration

- Dynamic APY calculation based on FLOW price

3. Real-Time Price Oracle (For mainnet utilize Band Protocol)

- CoinGecko API integration for accurate pricing

- On-chain price oracle contract on Flow testnet

- Historical price data storage and tracking

4. Fungible Tokens

- FLOW tokens that can be split/combined freely

- Used as the betting currency throughout

- Moved between market vault, yield vault, and user wallets

- Standardized interface for DeFi integrations

Impact and Value Proposition

1. For Users

- Maximize returns through simultaneous betting and yield earning

- Reduced risk with yield share for losing positions

- Simple, intuitive interface for blockchain interactions

- Fair and transparent market resolution

2. For Ecosystem

- Increases liquidity in prediction markets

- Drives adoption of Flow staking protocols

- Demonstrates composability of Flow DeFi primitives

- Provides reference implementation for yield-integrated applications

3. For Flow Network

- Showcases Cadence smart contract capabilities

- Demonstrates resource-oriented programming benefits

- Increases network activity and transaction volume

- Attracts users from traditional prediction market platforms

deck : https://www.canva.com/design/DAG3JvIRMTA/G6FwgLqsfxkMYZAb1JTzJA/edit?utm_content=DAG3JvIRMTA&utm_campaign=designshare&utm_medium=link2&utm_source=sharebutton

web : https://trixy.fun

dapp : https://app.trixy.fun