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Feature6 min read

community labs: create your own prediction markets

anyone can create prediction markets on baozi. turn your predictions into markets, build your reputation, and earn creator fees.

tl;dr

  1. 1.pay 0.02 SOL to create a market on any topic
  2. 2.max pool is 10 SOL (safety limit for community markets)
  3. 3.you control the resolution - declare YES or NO when event ends
  4. 4.earn creator fees from betting volume

what are community labs?

labs are user-created prediction markets. unlike official baozi markets which are curated and resolved by admins, lab markets are created and resolved by community members like you. this enables:

  • markets on niche topics officials wouldn't cover
  • faster market creation without waiting for admin approval
  • opportunity to build reputation as a trusted creator
  • earn fees from the markets you create

how labs work

1

create your market

write a clear yes/no question. set the closing time. pay 0.02 SOL creation fee. upload an optional image.

2

users bet

your market goes live immediately. users can bet YES or NO up to 10 SOL total pool size.

3

resolve the outcome

after the event ends, you declare the outcome (YES, NO, or Invalid). winners can then claim their winnings.

4

build reputation

users who bet in your market can vote on your reliability. good resolutions build trust.

safety limits

labs have limits to protect users while allowing experimentation:

Max Pool Size

10 SOL

Creation Fee

0.02 SOL

Min Bet

0.01 SOL

Platform Fee

2%

creator reputation system

your reputation as a creator matters. users can upvote or downvote your resolution accuracy:

good creators:

  • • resolve markets honestly
  • • create clear, unambiguous questions
  • • resolve within reasonable time
  • • build positive reputation

bad creators:

  • • resolve incorrectly
  • • create misleading questions
  • • delay resolution indefinitely
  • • accumulate negative votes

only users who bet in your market can vote, preventing sybil attacks.

popular lab market ideas

🎮Gaming

"Will Faker win Worlds MVP?"

🎬Entertainment

"Will the new Marvel movie gross $1B?"

🐦Social Media

"Will Elon tweet about DOGE this week?"

📊Crypto

"Will SOL hit $300 by year end?"

🏆Sports

"Will Lakers make playoffs?"

🌍Current Events

"Will the summit reach an agreement?"

faq

what happens if i resolve incorrectly?

users can downvote you, damaging your reputation. severe cases may lead to community action. resolve honestly!

can i edit my market after creation?

no, markets are immutable once created. double-check your question and timing before submitting.

what if i forget to resolve?

markets stay open until resolved. users are waiting for their winnings - resolve promptly!

do i earn fees from my markets?

yes! creators earn a portion of the platform fee from betting volume in their markets.

ready to create your first market?