> For the complete documentation index, see [llms.txt](https://midashand-1.gitbook.io/midaspredict/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://midashand-1.gitbook.io/midaspredict/knowledge-base/faqs.md).

# FAQs

## General

<details>

<summary>Q: Is MidasPredict live?</summary>

Launching at LitVM mainnet (target Q2–Q3 2026).

</details>

<details>

<summary>Q: What blockchain is this on?</summary>

LitVM — the first fully trustless, EVM-compatible Layer-2 rollup for Litecoin.

</details>

<details>

<summary>Q: Is this gambling?</summary>

Prediction markets are information markets that aggregate collective intelligence. Real money is at stake — never trade more than you can afford to lose.

</details>

## Trading

<details>

<summary>Q: Can I lose more than I put in?</summary>

No. Maximum loss is always what you paid for shares.

</details>

<details>

<summary>Q: What's the minimum trade?</summary>

$1 per buy or sell transaction.

</details>

<details>

<summary>Q: How fast are trades?</summary>

Sub-100ms pre-confirmations on LitVM, sub-cent gas.

</details>

<details>

<summary>Q: Can I sell before resolution?</summary>

Yes — at any time at the current market price.

</details>

## Points & Rewards

<details>

<summary>Q: How do I earn Midas Points?</summary>

1 MP per $1 of trading volume. Boosted markets earn 2×. You also earn MP from market creation (= seed amount), correct resolution (+100 MP), login streaks, referral bonuses, and quests.

</details>

<details>

<summary>Q: Do points carry over?</summary>

No. Monthly reset. Lifetime stats tracked separately.

</details>

<details>

<summary>Q: When do I get paid?</summary>

Points Reward Pool distributed shortly after month end.

</details>

## Market Creation

<details>

<summary>Q: What's the minimum liquidity to create a market?</summary>

$500. You earn MP equal to your seed amount.

</details>

<details>

<summary>Q: Do I get my seed liquidity back?</summary>

Yes. After resolution, seed liquidity is unlocked and redeemable along with accumulated creator fees.

</details>

<details>

<summary>Q: What's the maximum creator fee?</summary>

0–2% of trading volume.

</details>

## Resolution

<details>

<summary>Q: How are markets resolved?</summary>

Most markets resolve automatically via aggregated oracle feeds. A dispute period follows (typically 24–48 hours). If no one successfully challenges during that window, the outcome is final.

</details>

<details>

<summary>Q: What are the stages a market goes through?</summary>

&#x20;Created → Pending → Active → Resolved → Dispute Period → Closed. See [Market Lifecycle & Disputes](/midaspredict/knowledge-base/market-lifecycle-and-disputes.md).

</details>

<details>

<summary>Q: How do I dispute a resolution?</summary>

Open the resolved market, click **Dispute** during the dispute window, provide evidence, and post the dispute bond. The Judge Team reviews and may update the outcome.

</details>

<details>

<summary>Q: Can an outcome be changed after the market closes?</summary>

No. Once a market is Closed, the outcome is permanent.

</details>

<details>

<summary>Q: When does a market resolve as Void?</summary>

When resolution rules can't produce a definitive outcome (event cancelled, data source offline, result doesn't fit any listed option). All stakes return to traders. Void is a resolution state, not a post-resolution fix.

</details>

<details>

<summary>Q: Do I earn points for resolving markets?</summary>

Yes. Correct resolution: +100 MP. Incorrect: -500 MP.

</details>

## Referrals

<details>

<summary>Q: Do referrals benefit from being referred?</summary>

Yes. Being referred never costs them anything.

</details>

<details>

<summary>Q: Is there a limit on referrals?</summary>

No limit on Tier 1 direct referrals.

</details>


---

# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.

## Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter:

```
GET https://midashand-1.gitbook.io/midaspredict/knowledge-base/faqs.md?ask=<question>&goal=<endgoal>
```

`ask` is the immediate question: it should be specific, self-contained, and written in natural language.
`goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal.

The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.