Probable, the prediction market incubated on the PancakeSwap blockchain, will be launched on the BNB Chain.

According to Odaily Planet Daily, PancakeSwap announced the launch and incubation of Probable, a full-chain prediction market platform. The project is jointly supported by PancakeSwap and YZi Labs (formerly Binance Labs) and will be exclusively deployed on BNB Chain.

According to its introduction, Probable is positioned as a user-centric on-chain prediction platform, emphasizing zero transaction fees, full on-chain settlement, and a simplified user experience. Initially, the platform will not charge prediction fees, leveraging BNB Chain's low-cost and high-performance infrastructure to support users in predicting cryptocurrency trends, global events, sporting events, and certain regional markets.

At the mechanism level, Probable uses UMA's Optimistic Oracle as its event adjudication tool, employing a dispute-based verification method to confirm results, thereby enhancing the transparency and censorship resistance of the prediction market. Furthermore, users can deposit any token, which the system will automatically convert into USDT on the BNB Chain for participation in predictions, lowering the barrier to entry.

PancakeSwap stated that Probable is an independent project, and its team will advance product launch and ecosystem expansion with the support of PancakeSwap and YZi Labs. The prediction marketplace is expected to officially launch soon.