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What is Polkamarkets (POLK)?

Polkamarkets is a blockchain platform focused on prediction markets, specifically in sports and esports. It aims to solve issues like low liquidity and a lack of markets by incentivizing liquidity providers and using DeFi tools like liquidity mining and yield farming. The platform's token, POLK, is used for settlements and disputes, with a total supply of 100 million. Users can predict outcomes across various categories like crypto, gaming, sports, and politics. Prices of outcomes range from 0 to 1 and are determined by a smart contract, with the winning outcome valued at 1 after resolution. Developers can create their own prediction markets using Polkamarkets' toolkit. Examples include Lepricon.io's FansPredict and OpenDAO's SOSMarket. POLK can be bought on exchanges like Uniswap V3, Gate...

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