What is Legend Stake

Legend Stake is a new paradigm in prediction markets.

We leverage DeFi staking, liquidity and lending protocols to generate rewards and payouts for each market.

No-Loss Prediction Markets Quick Overview

On Legend, you stake USDC on sports event outcomes, like “Who will win the next UCL match?” or “Which team ranks first by end of September?”

• Your principal is always protected and returned, win or lose. This appeals to bettors seeking no‑loss safety.
• Stakes are locked until the event resolves at match end. Then winners claim pro rata shares of the total yield generated from Aave lending protocols. Payouts are multiplied by how uneven the stakes were. An underdog winning means a big multiplier for stakers chasing amplified yields.
• Hedge by splitting your stake across multiple teams or options. No penalties, just strategic flexibility to balance risk and potential multipliers.
• Unlike traditional betting, there is no “house”. It is peer driven, with yield redistributed transparently on‑chain via smart contracts on Base.
• Outcomes are declared by authorized signers based on official league results, ensuring fairness and speed.
• Staking earlier increases your share of the pool’s yield (amount × time while the winner is not declared); the final multiplier is set at pool close (match start).

Understanding Predictions and Yields

In Legend pools, your stake contributes to a collective pot supplied to yield protocols like Aave. The “odds” emerge from how much users stake on each outcome. The less staked on a team, the higher its potential payout per unit, reflecting market confidence.

• Example: in a match pool (HOME vs. AWAY vs. DRAW), if 60% of stakes are on HOME, winners there split a smaller slice of the yield pie per unit staked, creating a ~1.67× multiplier. In multi‑team competitions, picking an underdog with only 5% of stakes could yield a 20× multiplier on the base APY.
• This creates dynamic, market‑driven probabilities, similar to share prices in prediction markets, but tied to real yield generation. It is perfect for stakers multiplying modest APYs into significant returns without principal risk.
• Yields accrue during the lockup and amplify returns for correct predictions. Multipliers reward sharp, less popular picks.

Making Money on Predictions

In no-loss predictions, users often stake larger amounts than in traditional betting: think $1,000+ instead of $50, as the principal is returner. Yields accrue based on Aave’s rates during the short lockup (typically 1–8 weeks), which provides modest base returns amplified by prediction multipliers. For stakers, this means turning flat APY into 2× to 20×+ effective yields. For bettors, it offers high‑upside predictions with zero downside.

Suppose a pool has $100,000 total staked, earning $1,000 in yield over its duration via Aave. You stake $10,000 on your favorite team (10% of the pool).

• If your team wins and represents 20% of total stakes, winners split the $10,000 yield pro rata. You would claim your $10,000 principal plus approximately $500 (your share of the yield), about a 5× multiplier on the base yield rate for your stake.
• Wrong prediction? You still get your full $10,000 back, no losses. This emphasizes the no‑loss appeal for bettors.
• Hedge by splitting $5,000 across two teams. Balance risk while positioning for yield multipliers.
• Stakes are committed until resolution. While there is no early exit, the event-based lockups are short, typically lasting only for the match or competition duration. No house edge. Only network fees and any applicable platform yield fees.

How Accurate Are Legend Predictions?

Like leading prediction markets, Legend uses collective wisdom: users’ stakes reflect news, stats, and expert views, often outperforming polls or pundits. Economic incentives drive accuracy. Bigger yields attract informed predictors, refining the “market odds” in real time. Soccer fans use Legend for reliable insights on matches and leagues, profiting from their knowledge while contributing to sharper forecasts.

Our Commitment

At Legend, we’re building a safer, more engaging future for sports predictions and DeFi. No devastating losses, just amplified yields and transparent fun. Join us to turn your sports knowledge into rewards. Principal protected. Excitement guaranteed. Your predictions have never been more rewarding.