Limitless Exchange

Description

# Overview Limitless Exchange allows natural language expressions of arbitrary market conditions to be traded freely, creating a forecasting and risk engine for the global economy. Users buy shares in the outcomes, usually “yes” or “no”, of particular conditions. A simple example may be buying shares in the “Yes” BTC will reach $65k outcome at $0.15, implying a 15% chance the outcome will be realized, and potential ROI of ~560%. That’s because winning shares expire at $1, but losing shares are worthless after market resolution. Prior to the market resolution, 1 “Yes” and 1 “No” share in a particular market can be redeemed for 1 collateral token. Collateral token in this case means the cryptocurrency which is locked away in an onchain smart contract in order to issue outcome shares, typically USDC or Wrapped ETH. #CLOB Interacting with Limitless’s order book is simple and familiar for both traders and market makers. Market orders provide instant execution at the best available price, while limit orders allow you to set your price, participate in price discovery, and earn rewards. Docs : https://limitlesslabs.notion.site Web : https://limitless.exchange Mini App : https://farcaster.xyz/miniapps/AFec3w92l494/limitless-exchange