Placebo

Protocol

The state machine, the parameters and the custody model, in one place.

unopenedin the launch set
→
opencreateMarket
→
settlingsettle, 72 h window
→
finalfinalize, then claims

States

A market moves forward only. Stakes and forecasts are accepted only while it is open and before its deadline; settle moves it to settling; finalize, after the window and once every dispute is decided, makes it final and opens the claims.

Parameters

FEE_BPS200
DISTRIBUTOR_BPS / forecasters7000 / 3000
CHALLENGER_BPS2000
DISPUTE_WINDOW259200 s
DISPUTE_BOND0.002 ETH, then 1000 $PLCB
HOUSE_BOND / BOND2000 / 1000 $PLCB
MIN_STAKE0.0002 ETH
ChainRobinhood Chain, id 4663

Custody

The contract holds every pool. The owner can set the token once, the distributor once and the keeper; it cannot touch a stake. The keeper can create, settle, decide and post the forecaster weights and the bond outcomes; it cannot move a stake either. Winners pull their own payouts. There is no proxy, no upgrade and no pause, and the verified source is on Blockscout.

Checking it yourself

Nothing here needs our code. The events are on one public address, the fold is written out in Events and disputes, and the SDK served from this site reads the same endpoints. Pull a market's forecast and its record, then compare the sha256 of the forecast JSON with the hash in its event and open the transaction on Blockscout.

S=https://placebofund.xyz; ID=$(curl -s $S/api/v1/markets | jq -r '.markets[0].id')
curl -sD head.txt $S/api/v1/forecast/$ID -o forecast.json       # the forecast JSON as published
grep -i x-sha256 head.txt; sha256sum forecast.json                 # the same hash, computed by you
curl -s $S/api/v1/record/$ID | jq '.events[] | select(.type=="Forecast") | {hash: .args.hash, from: .args.forecaster, block, tx}'
                                                                   # the event on chain carries that hash

Before launch the whole round ran against the real contract on a local chain: create, the agent's forecast, two stakes, a visitor's forecast, the settlement from a posted registry result, a dispute and its decision, finalization, the forecaster weights and the claim. The same events appear on Robinhood Chain as each market settles.

Off chainnot yet on chain0forecasts hashed0documents checked0settlednext pricing 4h 31mStatus/ search