OmniBets – The First Multichain Prediction Market

OmniBets eliminates single-chain limitations, enabling seamless cross-chain betting with Reactive Network as our chain aggregator.

🛑 Problem Statement

Prediction markets are often limited by blockchain silos, requiring users to:

• Manually bridge assets between chains, increasing fees and complexity.
• Rely on centralized oracles for cross-chain price updates.
• Suffer from liquidity fragmentation, making it hard to place large bets.
• Depend on slow and expensive settlements, delaying market resolutions.

These challenges hinder the adoption of decentralized prediction markets across multiple block

🌐 Seamless Cross-Chain Market Creation & Liquidity

• Users can bet from any chain without waiting for liquidity.
• CrossChain Aggregator (RSC) ensures synchronized markets across all chains.

📈 LMSR for Efficient Liquidity

• LMSR (Logarithmic Market Scoring Rule) dynamically adjusts prices for fair odds & deep liquidity.
• Eliminates severe slippage seen in constant product AMMs.

⚡ No Bridging or Wrapped Token Complexity

• Automatic price updates across chains—no manual bridging required.
• Users bet on one chain, and liquidity syncs across all others.

🔗 Decentralized Resolution Without Off-Chain Oracles

• Traditional markets rely on centralized oracles. OmniBets trustlessly resolves bets via Reactive Network.
• Tamper-proof, instant outcomes without off-chain dependencies.

🚀 Why OmniBets?

✅ Truly Multichain – Bet from any chain without liquidity silos.
✅ No Bridging Needed – Markets update automatically across chains.
✅ Fully On-Chain Resolution – No reliance on centralized oracles.
✅ Capital Efficient – LMSR ensures low slippage and fair pricing.

OmniBets – The future of decentralized prediction markets. 🔥

🎯 How Users Interact with OmniBets

OmniBets enables cross-chain prediction markets, allowing users to create, trade, and resolve bets seamlessly across multiple blockchains. The CrossChain Aggregator (RSC) ensures market synchronization.

🏗 Step-by-Step Interaction Flow

1️⃣ Market Creation

• A user creates a market on the main chain by calling

  CreateMarket()

  .
• The CrossChain Aggregator (RSC) reacts and creates the market on all sub-chains.

2️⃣ Placing Bets (Buying Shares)

• Users buy shares on the main chain via

  buy()

  .
• The CrossChain Aggregator (RSC) updates prices on sub-chains to reflect new odds.
• Users Can Also Buy shares on the ** Sub chain ** and sync with the main chain

3️⃣ Cross-Chain Liquidity Update

• When shares are bought on a sub-chain, the CrossChain Aggregator (RSC) ensures that prices update across all chains.

4️⃣ Market Resolution & Payouts

• Once the event concludes,

  resolve()

  is called on the main chain.
• The CrossChain Aggregator ensures:
  • Results are verified.
  • Tokens from sub-chains are burned and minted on the main chain.
  • Rewards are distributed to winners.

Decentralized & Automated Cross-Chain Execution

• No manual bridging – prices and liquidity sync automatically.
• Reactive Network ensures markets remain trustless and tamper-proof.
• Users bet from any chain, and all transactions are resolved transparently.

🚀 OmniBets – The Future of Cross-Chain Prediction Markets!

✅ Solution: OmniBets with Reactive Smart Contracts (RSCs)

OmniBets introduces cross-chain prediction markets powered by Reactive Smart Contracts (RSCs) to:

1. Automate Market Synchronization – When a market is created on one chain, RSCs automatically replicate it on other chains.
2. Enable Real-Time Liquidity Sharing – Bets placed on one chain trigger liquidity updates across all connected chains.
3. Ensure Trustless Market Resolution – Results are calculated without oracles, and RSCs automatically mint/burn tokens to settle markets.
4. Eliminate the Need for Manual Bridging – Users can participate on any supported blockchain without worrying about cross-chain transfers.

🔑 Key Benefits of OmniBets

✅ Fully Decentralized – No reliance on centralized oracles or manual intervention.
✅ Seamless Cross-Chain Trading – Automated liquidity synchronization across blockchains.
✅ Trustless Market Resolution – Secure and transparent token minting/burning.
✅ Real-Time Updates – Reactive Smart Contracts ensure instant market synchronization.

🎯 Key Roles of Reactive Smart contracts in OmniBets

1️⃣ Cross-Chain Market Creation

• When a market is created on the main chain, RSCs automatically replicate it on sub-chains.
• Ensures that the same market exists across all participating blockchains.
• No need for manual deployment on multiple chains.

2️⃣ Real-Time Liquidity Updates

• When a bet is placed on one chain, RSCs automatically:
  • Update the market price on other chains.
  • Synchronize liquidity across networks.
  • Ensure fair pricing and market efficiency across all chains.

3️⃣ Cross-Chain Buy Order Execution

• If a user buys shares on a sub-chain, RSCs:
  • Trigger a price update on the main chain.
  • Ensure the main chain market reacts instantly to liquidity changes.
  • Maintain fair arbitrage-free prices across blockchains.

4️⃣ Trustless Market Resolution

• When a market reaches its end state, RSCs automatically:
  • Verify the outcome across chains.
  • Burn price tokens on sub-chains.
  • Mint price tokens on the main chain for settlement.
  • Enable instant reward distribution without oracles or centralized settlement.

5️⃣ Eliminating the Need for Bridges & Oracles

• Traditional cross-chain markets rely on bridges to transfer liquidity and oracles to fetch data.
• OmniBets' RSC-based system removes these dependencies, making the system fully decentralized and autonomous.

🔑 Key Differentiators & Uniqueness of OmniBets

🚀 Unique Features of OmniBets

• ✅ Cross-Chain Prediction Markets – Seamlessly operates across multiple blockchains with automated state synchronization.
• ⚡ Powered by Reactive Smart Contracts (RSCs) – Eliminates the need for centralized oracles, manual bridging, and wrapped tokens.
• 🔄 Instant Liquidity Synchronization – Bets placed on one chain automatically adjust prices on all connected chains.
• 🔗 Trustless Market Resolution – Market outcomes trigger automatic token minting/burning across chains.
• 💰 Decentralized Liquidity Balancing – Prevents fragmentation by dynamically adjusting market liquidity across blockchains.
• ⏳ Real-Time Market Updates – RSCs instantly react to transactions, ensuring up-to-date market conditions across networks.
• 🌐 Multi-Chain Support – Designed to work across EVM & non-EVM blockchains, enabling seamless interoperability.
• 🔐 No Reliance on Bridges – Eliminates vulnerabilities associated with cross-chain bridges and custodial mechanisms.

🔍 How OmniBets Improves Over Similar Projects

• Unlike traditional prediction markets (e.g., Augur, Gnosis), OmniBets is natively cross-chain, eliminating reliance on a single blockchain.
• Unlike cross-chain bridges, OmniBets does not wrap or bridge assets, reducing security risks.
• Unlike oracle-based markets, OmniBets uses on-chain reactive contracts for trustless resolution without external data dependencies.
• Unlike centralized exchanges, OmniBets is fully decentralized, removing the need for intermediaries.
• Unlike isolated markets on different chains, OmniBets synchronizes Liquidity across the market