Core Mechanics
The Mimicry Protocol consists of a series of open-source smart contracts and a GUI web application.
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The Mimicry Protocol consists of a series of open-source smart contracts and a GUI web application.
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Theoretically, the skew of collateral deposited into a Pantomime at a given time could be exactly split, 50/50, between bulls and bears. However, in practice this will be rare. More commonly there will be an asymmetric skew of capital, because a group of bullish or bearish Actors will collectively predict that the reference price of a Pantomime will be more likely to go up or down. This creates a situation where the βunderdogβ side of a pool has less capital at risk than the βfavoriteβ side, and thus each side will have unique odds. We call the unique odds of each side of the market the .