Problem
The Problem: Traditional prediction markets rely on centralized resolution or slow, expensive oracle networks. They don't provide users with yield on XRP or USDT.
The Solution: BetFlare leverages Flare's native FTSO—delivering price feeds from 100+ data providers with ~1.8 second updates—to create prediction markets that settle automatically, trustlessly, and for free. BetFlare allows users to deposit XRP or USDT and gain yield by supplying liquidity to the preditction market.
🚀 Key Differentiators
One-Click XRP Deposits → Yield
BetFlare features a seamless XRP vault that integrates with SparkDEX to instantly swap deposited XRP to USDT. This unlocks:
Instant liquidity — XRP holders can participate immediately
Yield generation — Idle funds earn yield while waiting to bet
Frictionless UX — No manual DEX interactions required
Smart Accounts with Flare Integration
We leverage Flare's native account abstraction to unlock XRP liquidity at scale:
Gasless transactions for new users
Session keys for seamless trading
Social recovery options
Batch transactions for complex strategies
Native FTSO Integration
Unlike competitors relying on expensive third-party oracles:
Free price feeds — No per-query costs
Sub-2-second updates — Real-time market resolution
100+ data providers — Maximum decentralization
Native to Flare — No bridge risk or external dependencies
💡 Why Now?
Prediction Markets Are Booming
Polymarket processing billions in volume
Regulatory clarity improving globally
User demand for on-chain speculation at all-time highs
Flare Needs Trading Primitives
BetFlare provides:
Additional yield avenues — LP rewards, points, trading fees
Trading primitives — Complement existing DeFi stack
FTSO utilization — Showcase oracle capabilities
Market Volatility = Trading Interest
With crypto volatility elevated, users are actively seeking:
Hedging mechanisms
Speculative instruments
New ways to express market views
BetFlare captures this demand natively on Flare.
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