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場所 · Basho I

The verdictis written in code.

Yoko turns the numbers that move Bittensor into bouts you can back. Pick EAST or WEST, trade until the bell, and let the chain call the winner.

East · Yes
West · No
Example bout · illustrative odds

Subnet 1 emission share ≥ 2%

Called at a fixed Subtensor block

EAST · YES

0.52

WEST · NO

0.48

TAO per share · the winning corner is paid 1 TAO per share

Example bouts
  • SN1 emission share ≥ 2%YES 0.52/NO 0.48
  • SN8 emission rank ≤ 10YES 0.49/NO 0.51
  • SN19 mean stake ≥ 100k TAOYES 0.50/NO 0.50
  • SN4 in the top 10YES 0.63/NO 0.37
  • SN64 emission share ≥ 5%YES 0.31/NO 0.69
  • SN51 emission rank ≤ 20YES 0.72/NO 0.28

How a bout works

Four rounds. One verdict.

From the first card to the last payout, every step of a bout is a rule the contracts enforce, not a promise someone keeps.

  1. Round 1: The card

    Every bout is a yes-or-no question on a subnet metric (emission share, emission rank, stake, top-N), pinned to a Subtensor block height. The rules are hashed on-chain the moment the bout is created.

    specHash = keccak256(spec)

  2. Round 2: The odds

    Back EAST for YES or WEST for NO. An automated market maker quotes every price, so there is always a counterparty, and the house's worst case is locked away before the first trade.

    vault.reserve(market, maxLoss(b))

  3. Round 3: The bell

    Trading closes at least six hours before the data exists. If the chain lands inside that window, the bout is voided and the pot goes back to both corners. Nobody trades on the answer.

    closeTimestamp + 6h ≤ resolution

  4. Round 4: The gunbai

    The result is computed from Subtensor data and posted on-chain with its evidence hash. Anyone can challenge it with a bond for 24 hours. Then the winning corner is paid in TAO.

    report → 24h challenge → finalize

The verdict

No judge can be bought.

In sumo, the gyōji raises the gunbai toward the winner. On Yoko the fan is code: the verdict is computed from public chain data, replayable by anyone, and every call can be challenged.

Illustrative replay

$ oracle replay ipfs://bafy…/evidence.json

specSN1 · EMISSION_SHARE_GTE · threshold 2%

windowblocks [rb − 7200, rb] · 24 hourly snapshots

resultshare 2.41% → YES

dataHash0x9c1e…a47b (recomputed)

on-chain0x9c1e…a47b (Resolver.report)

verdict replayed, hashes match

  1. Every number is a contract call

    Odds, coverage, the house's liability: each figure in the app is a direct read of a named contract function, with a link to check it yourself.

    coverageRatio()previewBuy(side, shares)
  2. Every verdict can be replayed

    Each result ships with its evidence and a keccak256 hash committed on-chain. Re-derive the outcome from the same Subtensor block and the hashes must match.

    report(…, dataHash, evidenceURI)
  3. Every call can be challenged

    For 24 hours after a result is posted, anyone can dispute it by posting a bond. A silent referee can't freeze a bout either: unruled disputes time out.

    dispute(marketId)

Today, disputes are ruled by a guardian multisig. A decentralized oracle is on the roadmap.

The house

The house shows its cards.

One shared vault, funded by seeders, takes the other side of every bout. Its risk isn't a promise. It's arithmetic you can read at any block.

  1. Loss capped before the bell

    When a bout opens, the vault reserves the most it could ever lose on it, bounded by the market maker's math.

  2. A floor for bad nights

    Seeders can't withdraw below what's reserved plus a safety floor kept aside for correlated results.

  3. Coverage in plain sight

    Total assets, reserved liability and coverage are public contract reads, live on-chain.

THE VAULTReserved per boutSafety floorFree liquiditySeeder capital
The vault, drawn (not to scale)

Banzuke · who's in the arena

Built for the people who live by these numbers.

East

West

East

Miners

Your income tracks your subnet's emissions. Take the other side of the drop and hedge the month you can't control.

East

Validators

Stake moves before it's visible. Position around where it flows next.

West

Subnet owners

Rank and top-N status decide your emissions. Protect the position you fought for.

West

Readers of the chain

Odds are a live, money-backed forecast of where Bittensor is heading, readable by anyone, trader or not.

Nothing on this page is financial advice. Hedging reduces risk; it does not remove it.