Space Revolutionizes Prediction Markets with 10x Leverage and Zero Fees on Solana

TLDR:

• Space offers zero fees, 10x leverage in prediction markets on Solana.
• Join Space’s public sale for the new SPACE token with unique tokenomics.
• Zero maker fees and leverage up to 10x: Space revolutionizes prediction markets.
• Get rewarded with bonus airdrops and discounts in Space’s public sale.
• Space offers a community-driven approach to prediction markets with SPACE token.

Space, a new prediction market platform built on the Solana blockchain, is set to launch its native token, SPACE, with a public sale starting on December 17. The platform offers users the ability to trade predictions on real-world outcomes with up to 10x leverage. Space is designed to make predictions on markets such as cryptocurrency, sports, politics, and technology more accessible by introducing zero maker fees and an innovative tokenomics model. To provide a unique experience to its community, Space is rapidly gaining attention.

Leveraging Innovation with 10x Leverage and Zero Fees

Space aims to redefine the prediction market space by introducing advanced trading features. Its platform operates with a central limit order book (CLOB) model, offering zero maker fees for all trades. Users can engage in predictions with leverage of up to 10x enabling them to potentially amplify their gains. This combination of leverage and zero fees marks a significant departure from traditional prediction markets, where fees often hinder profit potential.

The platform’s gamification aspects, including points, ranking and seasonal airdrops, further enhance user engagement. Space also incentivizes liquidity provision and referral programs, offering rewards to users who contribute to the platform’s growth. This ecosystem is designed to foster long-term retention, encouraging both new and experienced traders to participate actively.

Tokenomics and Revenue Allocation

Space’s tokenomics model follows a unique approach by allocating 50% of the platform’s revenue to token buybacks and burns. This mechanism aims to reduce the token supply over time, creating a deflationary pressure that could increase the token’s value. The remaining 50% of the revenue is directed into the protocol’s treasury to fund future growth and development.

With a total supply of 1 billion SPACE tokens, the project’s developers are ensuring a broad and fair distribution model. The public sale, which begins on December 17, will allow participants to buy the token at a floor price. As the sale progresses, the price will enter a discovery phase, adjusting based on demand and supply, ensuring a fair distribution for all buyers.

The Community-Centric Approach

The public sale’s structure is designed to prioritize the community. Participants can gain access to higher allocation tiers based on their timing and contribution level. Higher tiers offer additional benefits such as bonus airdrops, increased referral multipliers and discounts on trading fees. The goal is to reward early supporters and active users, ensuring they benefit as the platform grows.

Space’s development team is committed to creating a platform that is driven by its users. The project is backed by key investors such as Morningstar Ventures and Arctic Digital. Space’s focus remains on distribution and community involvement, following the success model of its predecessor, UFO, a cryptocurrency project that achieved significant market cap in 2021.

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