Zeitgeist, a pioneer in the area of decentralized prediction markets, is pleased to announce the release of its ground-breaking automated market maker (AMM) that is based on the DLMSR (Dynamic Logarithmic Market Scoring Rule). This innovative initiative presents a dynamic liquidity mechanism that has never been seen in the blockchain prediction market, which is a major achievement in the field.
There has never been a use of blockchain technology like the DLMSR model. It improves the flexibility of creating markets and providing liquidity, significantly lowering slippage and affecting trading profitability, particularly in bigger trades. It is anticipated that this novel strategy would completely alter the way prediction markets on blockchain platforms operate.
When compared to the CPMM (Constant Product Market Maker) model, Zeitgeist’s DLMSR approach dramatically reduces slippage, allowing traders to achieve more lucrative results, especially in highly skewed markets. Zeitgeist’s innovation and user experience enhancement efforts in the decentralized prediction market industry are shown by this approach.
A model for comparing the new, cutting-edge DLMSR model with the outdated AMM model.
Zeitgeist is a protocol for prediction market applications rather than just a platform. Any prediction market platform that wants to adopt the Zeitgeist protocol may do so by using the same technology that powers the new AMM, increasing the potential applications of this ground-breaking technology.
Zeitgeist invites you to explore the decentralized predicting of the future with its LMSR-based AMM, accessible at https://app.zeitgeist.pm.
