HOW RETARD.MARKET WORKS.
The short answers to what you buy, how the final selection works, what it costs, and how claims settle onchain.
WHAT AM I BUYING?
Each market creates YES and NO prediction shares inside one ERC-1155 contract and one fully collateralized AMM. Buying one side moves its share price. Shares cannot be transferred wallet-to-wallet, because each position keeps the capital attached to the wallet that bought it.
WHAT DOES THE PERCENTAGE MEAN?
The odds show that side's share of all attached roll capital. Share price is separate: it shows the AMM's current marginal price. Neither number is objective truth or one-person-one-vote.
WHEN DOES TRADING CLOSE?
The countdown marks the scheduled close. The contract rejects new buys and sells at the deadline. A permissionless close transaction then freezes capital weights and schedules the future block used by the roll.
HOW IS A SIDE SELECTED?
Closing freezes the relative YES and NO capital weights. A later Robinhood Chain block hash selects a side using those weights. Robinhood's block producer can influence block production, so this is not VRF-grade or trustless randomness.
WHAT DOES IT COST?
Buys and sells pay one 0.50% trading fee. Normally it is split equally between protocol and creator. With a valid referral, 10% goes to the referrer, 40% to protocol, and 50% to creator. At settlement, 7.5% of collateral is split equally between protocol and creator before winner and opening-liquidity claims are calculated. Network gas also applies.
HOW DO CLAIMS WORK?
A selected wallet burns winning shares and receives a conditional payout weighted by the capital attached to that wallet's position. The opening liquidity provider separately redeems its LP receipt. Losing shares receive nothing. Claims are onchain, require gas, and do not expire.
WHAT IS MAX PAYOUT?
Max payout is the current estimate if your side is selected: the post-rake collateral pot multiplied by your attached capital weight within that side. It includes returned principal and your cut of opposing capital. It can move before close as other wallets buy or sell.
DO BUYING OR SELLING REQUIRE APPROVAL?
No. Each buy and each sell is one direct market-contract transaction. There is no separate ERC-20 approval transaction because the YES and NO positions live inside the market's ERC-1155.
WHAT SHOULD I KNOW BEFORE TRADING?
Prices, odds, and previews can move before confirmation. Low liquidity, slippage, last-block trades, MEV, contract failures, network failures, and total loss are possible. Nothing guarantees a profit, stable price, successful transaction, or uninterrupted settlement.
IS THIS THE SAME AS THE $RETARD / $STRAY SEASON?
No. The V4.2 season is separate. Its tokens, migration, historical positions, and claims remain available from the SEASON ($RETARD / $STRAY) link in the header.