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FARE Protocol
FARE Protocol provides permissionless, trustless on-chain probability contracts. Developers can deploy Probability Pools using the FAREVault smart contract, with the FARE token burned or minted according to each pool’s probability architecture.
Distributed
Description
FARE Protocol is an on-chain probability-contract protocol centered on the FARE token and FAREVault smart contract. Users submit decentralized random trials that consume or produce FARE, while FAREVault is designed to enforce negative expected value across pools. The protocol is intended to support developer-built applications such as insurance, probabilistic yield pools, non-custody wagering games, forecasting, finance and investing, AI and machine learning, and polling. The FARE Foundation promotes adoption by developing additional use cases.Grant Funding
VC Funding
None
2023
$0
$12M