Torch Litepaper
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  • Abstract
  • Introduction
    • Problem statement
  • Solution limitations
  • Vision & Objectives
  • How it works
  • Continuous market
  • Forecasting model
  • Probability map
  • Public goods
  • Betting
  • No exits
  • Prediction resolution
  • Hitting the range
  • Payout system
  • Payout formula
  • Reserve management
  • System mechanics
    • Key parameters
    • Lead time quality
    • Local confidence
    • Boldness quality
    • Sharpness quality
    • Bonus share
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Hitting the range

Torch uses a continuous, per-bet resolution mechanism. Each bet is independently evaluated based on whether the predicted price interval contains the actual token price at the specified resolution time. If the resolved token price falls within the predicted range, the bettor wins. Otherwise, the bet is lost and the stake is retained by the system.

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Last updated 1 month ago