Phantom has migrated the infrastructure supporting its cryptocurrency pockets prediction market, changing its earlier Calci-based system with World for positions opened from June 1st.
With this alteration, the brand new market will transfer to a non-custodial protocol that routes orders to liquidity suppliers on Solana. Funds are robotically redeemed on the finish of the occasion, eliminating the necessity for separate fee transactions required in Phantom’s earlier setup.
Positions opened earlier than June 1st will stay tied to Karshi by means of DFlow. Customers holding these contracts shall be required to alternate their expired Consequence Tokens for stablecoins used to open positions, and the ultimate market worth could also be affected by market circumstances and settlement information.
This migration additionally modifications the exterior programs used to find out outcomes. Outdated markets depend on Kalshi information processed by means of DFlow, whereas new positions could depend on oracles akin to Chainlink.
Phantom warned that feed delays, inaccurate info and indexing failures might nonetheless have an effect on market decision and result in monetary losses.
The pockets mentioned it doesn’t retailer customers’ funds, act as a counterparty to transactions, or preserve a home edge. Trades happen between customers, however every market follows its personal decision guidelines.
The up to date disclosure additionally prohibits customers from buying and selling contracts if they’ve materials personal info or if there’s a direct battle within the outcomes.
