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isometric is live! we're building upon conventional concepts of prediction markets by replacing binary decision markets with continuous curve derivatives— isometric lays at the intersection of two battle-hardened models: AMM's like Meteora and Uniswap + prediction markets like Polymarket and Kalshi. for more information, we urge you to read the isometric whitepaper located at: isomkts.com/whitepaper we have packed a lot of information into the isometric whitepaper to fully flesh out the concept in incredibly simplistic terms. the official isometric contract address is: DTkrpySU8LEQb6S9DUdxAdmv9hyqvgnSQ1YrDHoZpump
iso_core is now fully built, compiled, deployed on a local test validator AND finally... all tests are GREEN! What did this test just prove? That the program completely works now! This is MONUMENTAL— from conception to execution, the Isometric model is now provably working! This core test proved: 1. The program can successfully create a market account on-chain with pertinent settings (bucket counts, price ranges, liquidity parameters, collateralization, oracle feed usage, expirations, USDC vaults, descriptions, market IDs, settlements and market quantities. 2. Proper invalidation for zero liquidity parameters and range inconsistencies. 3. Oracle update instructions work with only the authority being able to call it. 4. Only the authority can update liquidity parameters— liquidity instructions are fully functional. 5. The big one: math accuracy! Gaussian payout matches references— the implementation of Gaussian kernels gives sensible results for ranges and center-of-ranges 6. LMSR cost increases monotonically! The implementation of the LMSR formulas work as intended in all scenarios (buying more = costs more, scaled; LMSR marginal costs are positive and bounded— individual trades have a reasonable cost relative to liquidity parameters). Other relevant tests are now being conducted for positioning, additional settlements, multi-position ranges, full-range positioning and a few edge-cases such as minimum-width ranges and boundary-based positions. We are getting incredibly close to rolling out an entirely new primitive to devnet and cannot wait!
iso_core is now fully built, compiled, deployed on a local test validator AND finally... all tests are GREEN! What did this test just prove? That the program completely works now! This is MONUMENTAL— from conception to execution, the Isometric model is now provably working! This core test proved: 1. The program can successfully create a market account on-chain with pertinent settings (bucket counts, price ranges, liquidity parameters, collateralization, oracle feed usage, expirations, USDC vaults, descriptions, market IDs, settlements and market quantities. 2. Proper invalidation for zero liquidity parameters and range inconsistencies. 3. Oracle update instructions work with only the authority being able to call it. 4. Only the authority can update liquidity parameters— liquidity instructions are fully functional. 5. The big one: math accuracy! Gaussian payout matches references— the implementation of Gaussian kernels gives sensible results for ranges and center-of-ranges 6. LMSR cost increases monotonically! The implementation of the LMSR formulas work as intended in all scenarios (buying more = costs more, scaled; LMSR marginal costs are positive and bounded— individual trades have a reasonable cost relative to liquidity parameters). Other relevant tests are now being conducted for positioning, additional settlements, multi-position ranges, full-range positioning and a few edge-cases such as minimum-width ranges and boundary-based positions. We are getting incredibly close to rolling out an entirely new primitive to devnet and cannot wait!
