As mobile demand grows among crypto-native users, prediction market platform Polymarket has received a new, more accessible tool.
Polycule is a lightweight Telegram robot built specifically for Polymarket, which aims to simplify the prediction market trading process and lower the threshold for operation. Users can directly participate in on-chain YES/NO betting through Telegram commands without opening a web page or installing additional applications, covering hot topics such as politics, sports, and cryptocurrency.
On June 7, Polycule founder Krish announced on the X platform that the project has received $560,000 in investment from Alliance. Alliance is one of the most influential startup accelerators in the Web3 field. This round of financing will be used for product polishing and ecological expansion.
As soon as this news was released, it caused a fierce reaction in the market. As of the time of writing, the price of its platform token $PCULE has soared all the way in 24 hours, achieving a nearly 200% increase, and then went sideways. The token was released by Polycule founder Krish on the Bellive platform on May 18.
From Chat Transactions to Token Flywheels
Mobile trading + group social networking, building a new entry point for the prediction market
Different from the traditional web-based trading experience, Polycule migrates the prediction market to the Telegram chat environment. Users only need to add the robot @polycule_bot to complete the full-chain trading operation through instructions. For example:
1. Paste any Polymarket market link into the dialog box, and the robot will automatically load the corresponding market
2. Enter /trending to view the current hot market list
3. Enter /buy YES 50 to bet $50 on the YES option
4. Enter /positions to view your current positions
One of the highlights of Polycule is its powerful group support and social trading function. Different from the traditional trading interface, Polycule supports the social broadcast function in the group. After the user adds the robot to the Telegram group, all trading operations are automatically broadcast, which is convenient for members to exchange strategies, track others dynamics, and form a real-time collaborative trading atmosphere. This mechanism transforms the prediction market from a single activity to a collective experience, where users can learn from each others strategies and insights in real time.
At the same time, Polycule breaks through geographical restrictions. Currently, Polymarket is restricted in the United States and other regions, and the official lacks a native mobile experience. Polycule uses the global popularity of Telegram to break through geographical and device restrictions, allowing transactions to be conducted at any time and on any device.
In addition, Polycule supports Polygon on-chain transactions, and users can complete operations such as top-up, withdrawal and token exchange in the chat interface. The functions also cover advanced options such as limit orders, price charts, market alerts, etc. to meet different levels of trading needs.
PCULE Token Mechanism and Buyback Model
PCULE is the native token of the Polycule platform. Holders can enjoy a fee discount from 0.05% to a minimum of 0.01%. In addition, whenever the fee income of Polycule exceeds 10,000 US dollars, it will start the token repurchase and destruction mechanism to increase the scarcity of tokens. This mechanism, combined with the groups trading activity, forms a self-reinforcing flywheel model.
With the positive feedback of active transactions, token appreciation, and user influx, Polycule is rapidly becoming the main entry point for users in the prediction market. Next, the team will also launch strategy replication, Solana cross-chain recharge, and more abundant group tools to further expand the coverage of scenarios.
Image source: Polycule project white paper
According to official sources, Polycule will expand to more messaging platforms in the future, introduce strategy copying, trader rankings, cross-chain recharge support for chains such as Solana, and optimize UI and transaction speed.
The launch of Polycule has opened a new entrance to the prediction market and provided Telegram users with a low-threshold way to participate in on-chain finance. With the rise of social trading methods, the prediction market is gradually transforming from a marginal tool to a community consensus experiment field.
How can a new user get started with Polycule?
1. Start the robot: Open the official website , or search @polycule_bot in Telegram and click Start to start the interaction.
2. Create or import a wallet: The robot will automatically generate a Polygon web wallet or allow you to import an existing address.
3. Top up assets: transfer USDC (Polygon network) to the generated wallet address for participating in market transactions.
4. Browse and trade the market: View the market through instructions or place orders directly. The robot will provide a simple interface to display price, liquidity and volume information.
5. Join social trading: Add the robot to the group and automatically enable the transaction broadcast function within the group. It is suitable for DAO, analysis community or interest group copy trading scenarios.
6. Manage assets: Users can check their balances through /wallet, withdraw coins using /withdraw, or exchange USDC and PCULE through /swap.