Trading Basics
Prediction markets allow you to trade on the outcome of future events. On Winnr, markets are typically binary (Yes/No questions).
Market Shares
When you trade on a market, you are buying "Shares" of a specific outcome.
- YES Shares: Payout $1 (or 1 USDC) if the event occurs.
- NO Shares: Payout $1 (or 1 USDC) if the event does not occur.
The price of a share reflects the market's perceived probability of that outcome. For example, if a YES share costs $0.60, the market estimates a 60% chance of the event happening.
Taking a Position
To take a position:
- Select the outcome you believe is correct (YES or NO).
- Enter the amount you wish to invest, or the number of shares you wish to buy.
- Confirm the transaction in your connected wallet.
Selling a Position
You don't have to hold a position until the market resolves. You can sell your shares at any time before the market closes at the current market price to lock in profits or cut losses.