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➥ Precision Markets - Fighting Against The Odds
How many of you have watched your cash vanish in Perps?
4, 5, 6, or even 7 figures? Forced liquidation? False wick?
Precision market cut all that BS, but how?
Let's discover why this one's your crypto calling. 📖
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— WTH is Precision Market?
Precision market, as the name implies, transforms trading by focusing on the accuracy of your predictions.
Here's what it means for you:
✧ Say goodbye to trading complexities (funding rates, open interest, etc.)
✧ Get rewarded for your prediction prowess
✧ Enjoy guaranteed higher payouts (10x your collateral)
And @TopCutFinance is the only protocol making it happen.
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— How TopCut Works
Trading on TopCut is straightforward and involves five main processes:
✧ Traders can make one or multiple predictions on a specific asset and settlement date.
✧ Based on the size and settlement date, traders are categorized into the appropriate cohort and compete within that group to become the top 9%.
✧ At the time of settlement, anyone can settle the cohort and receive a reward.
✧ The top 9% of the most accurate predictions are declared winners.
✧ All winning predictions receive a payout of 10 times the trade size and can be claimed at any time.
Distinct from other derivatives, traders on TopCut make price predictions without borrowing or needing a counterparty. No risk protection is needed since there’s no lender or market maker, hence no liquidation.
FYI, Top traders each week get loyalty rewards worth 1% of the ETH in the TopCut Vault, which comes from overall trading volume.
Winners’ points reset to keep things fair, giving active traders a better chance at the Loyalty Reward over time.
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— $PSM and TopCut Vault
Talking about TopCut then we can't detached it from @Possum_Labs and $PSM. First TopCut was built by giga-brain at Possum Labs, and second $PSM accrues value from TopCut Vault.
✧ 5% of all TopCut trading volume will be accrued into Vault
✧ This Vault is the economic engine that provide rewards for affiliate, trader loyalty and PSM value accrual
✧ Up to 100M $PSM can be redeemed up to 50% of the Vault's $ETH balance, means that 10M PSM can be redeemed for 5% of the ETH in the vault
This mechanism allow for scale with Vault's volume without draining the system and rewarded long-term supporters.
So still think TopCut is same with others?
Mark your calendar and log out from perps, because TopCut is launching on July 16th.

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