A higher quote is not money in your pocket.
Buying up opening inventory or trading between your own accounts can fake excitement. Check collected fees and genuine buy offers. A rising chart guarantees no exit.
01 · Spot the conversation early
“I don’t know the answer.
I think everyone will care.”
A close election. A disputed launch. An unpredictable championship. You may expect weeks of news, disagreement and trading without backing either outcome.
A market token earns part of that market’s trading fees while it is active. More expected fee-paying trading can make it more valuable.
Buying one supplies liquidity: cash and YES/NO tokens people can trade against. Your expectation of a busy market helps fund it.
Back the activity.
Help make room for the trades.
02 · Follow the money
Your purchase gives traders somewhere to trade.
The first opening purchase creates backed YES/NO tokens and trading pools with cash. It needs no earlier volume or other buyers.
A $100 market-token purchase
One purchase, immediate funding.
You pay$100for market tokens
To market liquidity$99Cash and outcome tokens for trading
To the seller$95The person selling you market tokens
Permanently removed$1Cannot be recovered by trading with yourself
If a purchase cannot fund the pools, it takes no cash and transfers no tokens. Small pools still leave prices sensitive to trades.
Look inside the $99 at opening 50/50 odds
$49.50 backs 49.5 YES and 49.5 NO. The remaining $49.50 supplies the trading cash shown below.
YES pool49.5 YES + $24.75
NO pool49.5 NO + $24.75
At opening quotes, these assets total $99. The tokens represent their backing, so counting it again would double-count $49.50.
Your purchase buys fee rights, with no right to your money back. A separate capital owner named before purchases begin owns the pools, bears trading losses and receives what remains at settlement.
03 · A share of the action
Your share of collected trading fees.
YES/NO trades pay at most 1% of the cash amount before fees, with no extra pool fee. Small fees round down.
For each $100 of collected trading fees
One fee, three destinations.
- Market-token holders
- $40
- Capital account
- $50
- Permanently removed
- $10
With 10,000 market tokens fixed for the earning period, 100 tokens earn 1% of the holders’ share: $0.40 in this example.
Selling transfers future fees. Cash already earned stays yours, in a separate account that YES/NO trading losses cannot touch.
04 · What might tomorrow bring?
A busier future can be worth more today.
Suppose you expect $10,000 of weekly trades for four weeks. At 1% collected fees and 40% to holders, that is $160, or $0.016 per token across 10,000 tokens.
Under the same assumptions, $100,000 a week gives $0.16 per token: 10× the trading, 10× the fees.
Try a different future
More trading. Less time. Different value.
Expected future fees per token$0.016
1× the starting example
Resale prices depend on buyers’ expectations and willingness to pay. Activity can fade. With only one of the original four weeks left, 10× weekly trading supports 2.5× the future fees.
The claim tracks future fee-paying activity. Views, social attention, outside trades and trades with no fee add no income.
05 · Room to move from the first day
The opening price rises as the inventory sells.
A fixed cheap supply would hold back appreciation. Instead, each opening purchase raises the next price and funds liquidity immediately.
Only 9,000 public tokens are available. Supply cannot increase during the earning period.
Example starting price: $0.004
The price rises as tokens sell.
First $40 of purchases$0.016
Next purchase price.
$39.60 added to the pools.
A further $172.98 of purchases$0.16
About 10× the earlier quote.
About $171.25 more pool assets.
Resales can happen below the opening quote and still fund liquidity. The opening sale offers no buyback.
The creator fixes the starting price before sales. Too low sells fee rights cheaply. Too high can prevent funding.
How the fixed supply and creator allocation work
Fees always use a 10,000-token total. Public sales release the creator’s grant proportionally, up to 1,000 tokens when 9,000 sell. Released grants earn fees but stay locked until final settlement.
Unsold public tokens and unreleased grants earn for the capital account. Later buyers get no past income. Further opening sales never shrink a token’s share of future fees.
The sale normally ends after 24 hours, or sooner when new outcome issuance closes. Unsold units still count toward the 10,000. Funded resales and fee earnings continue until final settlement.
Next opening price = starting price ÷ (1 − public tokens sold ÷ 10,000)²
Opening prices follow purchases, not reported volume. Buyers pay the full cost along the curve, with cash limits and rounding.
06 · The earning period has an end
Fees continue while the answer is being decided.
Existing YES/NO trading and fee earnings continue throughout the court process, until actual final settlement.
- 01
Market open
Purchases add liquidity. Holders earn their share of collected fees.
Fee rights active - 02
Resolution underway
New funding uses existing YES/NO inventory. A purchase that cannot find it stays unfilled.
Fee rights still active - 03
Final YES, NO or cancellation
Original fee rights end. Earned cash remains claimable. Full token control passes to the creator.
Past earnings protected
The creator can then repurpose the token or change its supply. Any new use has no promised value or claim on the settled market’s fees.
Earned cash keeps its own ownership records in a separate account. Token changes cannot erase your claim.
07 · Read the whole picture
A useful idea still needs honest limits.
New liquidity can still lose money.
A trader can move YES/NO prices, let new liquidity enter, then reverse the trade and take capital. Earned fees stay protected. Competition may help but cannot eliminate the attack.
Trading costs count.
Pay $100, then resell for $100: you receive $95 before earned fees. Deeper outcome pools do not guarantee market-token buyers.
Recycling paid fees costs money because some is permanently removed. Attackers can still profit by persuading buyers to overpay. Fee income also varies with trading routes, tiny trades and outside venues.
From a model to a market
Designed and tested.
Still to be built into the app.
Researched in October 2026, this proposal is not yet in the public test app. Its 67 passing checks cover opening purchases, pool funding, small-fee limits and protected earnings across final outcomes.
Still to build: trading, saved balances and the full resolution journey. Tiny markets also need a court-cost rule when backing cannot cover the bill. Earned activity fees cannot pay it.
Continue with YES and NO ownership or trading during resolution.