> 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/glossary.md).

# Glossary

#### Boosted Market <a href="#boosted-market" id="boosted-market"></a>

A market flagged for **2× Midas Points** on the same fee. Can be triggered automatically by large seed liquidity ($100K+) or manually via a boost fee. See [Boosted Markets & Campaigns](/midaspredict/knowledge-base/boosted-markets-and-campaigns.md).

#### Challenge Period <a href="#challenge-period" id="challenge-period"></a>

Another name for the **Dispute Period** — the window after a market resolves during which users can submit disputes. See [Market Lifecycle & Disputes](/midaspredict/knowledge-base/market-lifecycle-and-disputes.md).

#### Creator Fee <a href="#creator-fee" id="creator-fee"></a>

The 0–2% fee a market creator sets when launching a Creator-Led Market. Paid per trade, goes directly to the creator.

#### Daily Market <a href="#daily-market" id="daily-market"></a>

A recurring, time-boxed prediction market on an observable variable (crypto price, macro indicator, commodity) that resets on a fixed daily cadence. See [Daily Markets](/midaspredict/knowledge-base/daily-markets.md).

#### Dispute Bond <a href="#dispute-bond" id="dispute-bond"></a>

Collateral posted by a user when submitting a dispute during the challenge period. Returned if the dispute is approved, forfeited if rejected as frivolous.

#### Dispute Period <a href="#dispute-period" id="dispute-period"></a>

The 24–48 hour window (2–4 hours for Daily Markets) after a market resolves during which any user can challenge the outcome by posting a dispute bond.

#### Epoch <a href="#epoch" id="epoch"></a>

A monthly cycle during which Midas Points accumulate. At epoch close, the Points Reward Pool is distributed proportionally and MP resets to zero.

#### Featured Market <a href="#featured-market" id="featured-market"></a>

A higher-profile event-driven market around elections, championships, or major announcements. Curated by the MidasPredict team.

#### Founder Multiplier <a href="#founder-multiplier" id="founder-multiplier"></a>

A temporary multiplier on mainnet MP earned from trading, awarded to qualifying testnet users at mainnet launch. Decays linearly from the tier-specific starting value (1.1× / 1.25× / 1.5× / 2.0×) to 1.0× over 90 days. Capped at 50,000 bonus MP per wallet. See [Founder Program](/midaspredict/knowledge-base/founder-program.md).

#### Founder NFT <a href="#founder-nft" id="founder-nft"></a>

A permanent, non-transferable NFT awarded to qualifying testnet users at mainnet launch. Four tiers (Bronze / Silver / Gold / Diamond) based on filtered testnet activity. Pure status — no fee share, no token claim. See [Founder Program](/midaspredict/knowledge-base/founder-program.md).

#### Founder Program <a href="#founder-program" id="founder-program"></a>

A one-time program at mainnet launch that converts filtered testnet activity into a Founder NFT, a temporary MP multiplier, and a small Welcome Grant. Designed to reward real users while filtering out Sybil farms. See [Founder Program](/midaspredict/knowledge-base/founder-program.md).

#### Judge Team <a href="#judge-team" id="judge-team"></a>

The admin team plus verified users who review dispute submissions during the challenge period. They either approve (outcome updates) or reject (outcome stands, bond may be forfeited).

#### LS-LMSR <a href="#ls-lmsr" id="ls-lmsr"></a>

**Liquidity-Sensitive Logarithmic Market Scoring Rule.** The pricing engine used by MidasPredict. An adaptive bonding curve where all outcomes share a single pool, depth scales automatically with trading volume, and the market maker's loss is bounded by the creator's seed. See [How MidasPredict Works](/midaspredict/the-basics/how-midaspredict-works.md).

#### LitVM <a href="#litvm" id="litvm"></a>

The first fully trustless, EVM-compatible Layer-2 rollup for Litecoin. MidasPredict is built natively on LitVM. See [Why LitVM?](/midaspredict/knowledge-base/why-litvm.md).

#### Midas Catalyst <a href="#midas-catalyst" id="midas-catalyst"></a>

The one-time badge that unlocks market creation. Earned by completing 4 tasks: 7-day peck-in streak, community join, Twitter/X verification, and trade volume thresholds. See [Midas Catalyst](/midaspredict/for-creators/midas-catalyst.md).

#### Midas Points (MP) <a href="#midas-points-mp" id="midas-points-mp"></a>

Non-transferable, off-chain reward-accounting units that track your contribution to platform activity. Determine your share of the monthly Points Reward Pool. Not a token.

#### Observation Window <a href="#observation-window" id="observation-window"></a>

The time range during which a market's resolving event is measured. Defaults to market creation → expiry. Data from before the window doesn't count toward resolution unless the rules explicitly say so.

#### Oracle <a href="#oracle" id="oracle"></a>

A data feed or set of feeds used to resolve a market. MidasPredict uses multi-source aggregation with median/threshold reconciliation for automated resolution.

#### Pending <a href="#pending" id="pending"></a>

The status of a newly submitted market that's awaiting admin review before going Active. Review checks rule clarity, source credibility, and observation window completeness.

#### Points Reward Pool <a href="#points-reward-pool" id="points-reward-pool"></a>

A monthly pool funded by **0.125% of all trading volume**. Distributed proportionally to Midas Point holders at epoch close.

#### Protocol Fee <a href="#protocol-fee" id="protocol-fee"></a>

The **1% fee** on every trade, split into Ecosystem Fund (0.50%), Treasury (0.25%), Points Reward Pool (0.125%), and Referral Reward Pool (0.125%). See [Fees and Limits](/midaspredict/the-basics/fees-and-limits.md).

#### Referral Reward Pool <a href="#referral-reward-pool" id="referral-reward-pool"></a>

A pool funded by **0.125% of all trading volume**, distributed per trade to referral uplines (Tier 1 gets 10%, Tier 2 gets 1%, Tier 3 gets 0.1%).

#### Resolution <a href="#resolution" id="resolution"></a>

The process of determining a market's final outcome once its observation window ends. \~95% of markets resolve automatically via oracle feeds; the rest resolve manually.

#### Share <a href="#share" id="share"></a>

A tradable unit that pays out approximately $1.00 if its outcome wins, $0.00 if it doesn't. Prices reflect the market's estimated probability. Actual payouts can vary slightly above or below $1.00 in deep or skewed markets — see [How MidasPredict Works](/midaspredict/the-basics/how-midaspredict-works.md) for details.

#### Threshold Market <a href="#threshold-market" id="threshold-market"></a>

A market asking whether a value will reach, touch, exceed, or fall below a specific level (e.g., "Will BTC hit $100K?"). Requires extra care with observation window specification.

#### Tier (Referral) <a href="#tier-referral" id="tier-referral"></a>

Depth in the referral tree. Tier 1 = you invited them directly, Tier 2 = invited by your Tier 1, Tier 3 = one more level down. Caps at 3.

#### Void <a href="#void" id="void"></a>

A resolution state where the market's rules can't produce a definitive outcome — event cancelled, data source offline, or result doesn't fit any listed option. All stakes are returned. See [Market Lifecycle & Disputes](/midaspredict/knowledge-base/market-lifecycle-and-disputes.md).

#### zkLTC <a href="#zkltc" id="zkltc"></a>

Litecoin's native representation on LitVM. Used for gas fees and as trading collateral. Fully backed by LTC locked on Litecoin L1 via the BitcoinOS/Charms bridge.


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