# Table of Contents - [Introduction | Bodega Market](#introduction-bodega-market) - [Protocol | Bodega Market](#protocol-bodega-market) - [View Smart Contracts | Bodega Market](#view-smart-contracts-bodega-market) - [Mainnet V1 Security Assumptions | Bodega Market](#mainnet-v1-security-assumptions-bodega-market) - [Features | Bodega Market](#features-bodega-market) - [Mainnet V1 Market Resolution | Bodega Market](#mainnet-v1-market-resolution-bodega-market) - [Payout Support and Troubleshooting | Bodega Market](#payout-support-and-troubleshooting-bodega-market) - [Roadmap | Bodega Market](#roadmap-bodega-market) - [Terms & Conditions | Bodega Market](#terms-conditions-bodega-market) - [Staking | Bodega Market](#staking-bodega-market) - [Testnet Guide | Bodega Market](#testnet-guide-bodega-market) - [SNEK FAQ | Bodega Market](#snek-faq-bodega-market) - [Litepaper | Bodega Market](#litepaper-bodega-market) - [Privacy Policy | Bodega Market](#privacy-policy-bodega-market) --- # Introduction | Bodega Market **Bodega Market** is an open-source predictions market platform built on the Cardano blockchain. It allows users to create, trade, and resolve prediction markets on a wide range of topics, sports events to political outcomes. We also include topics pertaining to on-chain information, such as the price performance of assets such as ADA and other Cardano native tokens like MIN, SNEK, and IAG, for example. By leveraging Cardano's unique capabilities, Bodega Market aims to provide a decentralized, secure, and user-friendly experience to the Cardano community and beyond. [NextProtocol](https://docs.bodegacardano.org/protocol) Last updated 1 year ago --- # Protocol | Bodega Market [PreviousIntroduction](https://docs.bodegacardano.org/) [NextView Smart Contracts](https://docs.bodegacardano.org/view-smart-contracts) Last updated 1 year ago --- # View Smart Contracts | Bodega Market Our smart contracts are built in Aiken and publicly available for anyone to view. Audit partners will be announced within the coming weeks. View our smart contracts [here](https://github.com/bodega-market/bodega-market-smart-contracts) . [PreviousProtocol](https://docs.bodegacardano.org/protocol) [NextFeatures](https://docs.bodegacardano.org/features) Last updated 1 year ago --- # Mainnet V1 Security Assumptions | Bodega Market Please read this before interacting with our mainnet protocol. Users should have access to full information and understand the security assumptions associated with using this V1 mainnet. This V1 mainnet is unaudited. As with any smart contracts, interact with them at your own risk. We've taken multiple security measures to ensure utmost security that we could given the time we had to deliver this first version, however everyone should be aware of risks involved with using the protocol. Our V1 version is purposely centralized to mitigate the possibility of smart contracts risks, and this gives us more assurance in this V1 mainnet, which is only intended to allow the community to bet on the outcome of the 2024 Presidential Election between Donald Trump and Kamala Harris. [PreviousStaking](https://docs.bodegacardano.org/staking) [NextMainnet V1 Market Resolution](https://docs.bodegacardano.org/mainnet-v1-market-resolution) Last updated 1 year ago --- # Features | Bodega Market * **Decentralized Market Creation**: Users can create their own prediction markets easily. * **Secure Transactions**: All transactions are securely processed on the Cardano blockchain. * **User-Friendly Interface**: Intuitive UI for easy navigation and market participation. * **Real-Time Data**: Market outcomes are updated in real time. * **Community Governance**: Users can participate in decision-making processes regarding the platform’s future. * **Dynamic Transactions:** Sell into your positions without having to wait for the final outcome. [PreviousView Smart Contracts](https://docs.bodegacardano.org/view-smart-contracts) [NextStaking](https://docs.bodegacardano.org/staking) Last updated 1 year ago --- # Mainnet V1 Market Resolution | Bodega Market **2024 Presidential Election** The outcome of the 2024 Presidential Election between Trump and Harris will be determined under the same parameters as PolyMarket. It may be a few weeks until there is a clear consensus for the winner of the election. The market will resolve when Associated Press, Fox News, and NBC News all call the race for the same candidate. In the unlikely event there is no consensus by January 20, 2025 (inauguration day), the market will resolve based on who is inaugurated. More details can be found [here](https://x.com/polymarket/status/1852493928072970425?s=46&t=X1sJLYL6zORh4pcBGIlQCw) . **SNEK Price Prediction** This bet is in ADA instead of USDM. This allows users to participate in the bet while also still having exposure to ADA. The bet will be resolved on December 1st if SNEK doesn't reach all time high, but it can be resolved sooner and ready for payouts, if it reaches all time high before December 1st. All bets are final, you can't cancel or remove bets. The final payout depends on the final bets, which is scheduled to be around November 11th at 9:00 AM EST. This means your payout isn't necessarily what is displayed in the UI at the given time of the bet. After the final bet is placed, the finalized payout will also be displayed. There is 48 hours to place the bet, and the UI displays a countdown timer showing this information. Target price of SNEK must surpass 0.0041 ADA, and will be based on the prices on both Minswap and SundaeSwap. **Mike Tyson vs. Jake Paul** This bet is in ADA, similar to the SNEK bet. The betting window is open for approximately 4 days. This bet should be resolved by November 16th. **In the event of a tie,** the tiebreaker will first go to the person who was chosen to win the first round of the fight, based on a majority decision from the judges. In the event the first round is also deemed a tie, the next tiebreaker will be whoever landed the most total punches. If this is also a tie, then this pattern will continue into following rounds. [PreviousMainnet V1 Security Assumptions](https://docs.bodegacardano.org/mainnet-v1-security-assumptions) [NextPayout Support and Troubleshooting](https://docs.bodegacardano.org/payout-support-and-troubleshooting) Last updated 1 year ago --- # Payout Support and Troubleshooting | Bodega Market * Send the USDM or ADA to another wallet you control. For example, if you're using Eternl and you don't see it, try Vespr. The USDM or ADA should arrive, but you might not see it on some wallets. * Load up the seed phrase in a different wallet you control. It should display there. * Use the frack it link: [https://unfrack.it/](https://unfrack.it/) * If none of those work, please message us on Discord for support. [PreviousMainnet V1 Market Resolution](https://docs.bodegacardano.org/mainnet-v1-market-resolution) [NextSNEK FAQ](https://docs.bodegacardano.org/snek-faq) Last updated 1 year ago --- # Roadmap | Bodega Market Our immediate roadmap can be found on our [website](https://bodegacardano.org/) . Current roadmap includes: * Q3 2024 - Open Source Contracts (completed) * Q4 2024 - Testnet V1 (completed) * Q4 2024 - Mainnet V1 (in progress) * Q4 2024 - Incentivized Testnet V2 * Q4 2024 - Public Sale * Q4 2024 - Audit * Q1 2025 - Mainnet V2 * Q1 2025 - Feature Expansion - focus on privacy, BTC, and U.S. operating license [PreviousTestnet Guide](https://docs.bodegacardano.org/testnet-guide) [NextTerms & Conditions](https://docs.bodegacardano.org/terms-and-conditions) Last updated 1 year ago --- # Terms & Conditions | Bodega Market [](https://docs.bodegacardano.org/terms-and-conditions#terms-and-conditions-for-bodega-market-on-cardano) Terms and Conditions for Bodega Market on Cardano ---------------------------------------------------------------------------------------------------------------------------------------------------------------- **Last Updated: November 26, 2024** Welcome to **Bodega Market**, operated by Bodega Labs. These Terms and Conditions govern your use of our website located at [www.bodegacardano.org](http://www.bodegacardano.org/) and any services provided through the Site. ### [](https://docs.bodegacardano.org/terms-and-conditions#id-1.-acceptance-of-terms) 1\. Acceptance of Terms By accessing or using our Services, you agree to be bound by these Terms and Conditions. If you do not agree to all of the terms and conditions herein, please do not use the Site or Services. ### [](https://docs.bodegacardano.org/terms-and-conditions#id-2.-description-of-service) 2\. Description of Service Bodega Market is a decentralized prediction market platform where users can place bets on the outcomes of real-world events using ADA, the main currency of the Cardano network. All transactions and settlements are facilitated through smart contracts. ### [](https://docs.bodegacardano.org/terms-and-conditions#id-3.-user-eligibility) 3\. User Eligibility * You must be at least 18 years old or the age of majority in your jurisdiction to use our Services. * You are not allowed to use the Services if you are located in a country where participating in prediction markets or betting activities is illegal. ### [](https://docs.bodegacardano.org/terms-and-conditions#id-4.-account-registration) 4\. Account Registration * To use our Services, you must connect your Cardano wallet. * You are responsible for safeguarding your account details and for all actions taken with your account. ### [](https://docs.bodegacardano.org/terms-and-conditions#id-5.-use-of-services) 5\. Use of Services * Users can create and participate in prediction markets based on various events. * All predictions must be made with ADA or Cardano native tokens. We do not accept or manage fiat currency yet; all transactions are blockchain-based. * Market creation is subject to approval based on volume metrics and governance votes. ### [](https://docs.bodegacardano.org/terms-and-conditions#id-6.-fees) 6\. Fees * A transaction fee may be applied to each bet placed. The fee structure will be transparent and visible before you place a bet. * Fees will be used for platform maintenance, improvements, and operational costs. ### [](https://docs.bodegacardano.org/terms-and-conditions#id-7.-winnings-and-settlements) 7\. Winnings and Settlements * Winnings are automatically distributed via smart contracts once the outcome of an event is verified and settled. ### [](https://docs.bodegacardano.org/terms-and-conditions#id-8.-intellectual-property) 8\. Intellectual Property * All content on the Site, including text, graphics, logos, images, and software, is the property of Bodega Labs or its content suppliers and is protected by international copyright laws. ### [](https://docs.bodegacardano.org/terms-and-conditions#id-9.-limitation-of-liability) 9\. Limitation of Liability * We are not responsible for the event outcomes on which bets are placed. * Users acknowledge that they place bets at their own risk and that there are no guarantees on returns. ### [](https://docs.bodegacardano.org/terms-and-conditions#id-10.-user-conduct) 10\. User Conduct * Users must not engage in any activities that could impair the operation of the Services, such as hacking or distributing viruses. * Betting on illegal activities or creating markets for illegal events is strictly prohibited. ### [](https://docs.bodegacardano.org/terms-and-conditions#id-11.-dispute-resolution) 11\. Dispute Resolution * Any disputes arising from the use of our Services will first be addressed through our internal dispute resolution process before any legal action can be taken. ### [](https://docs.bodegacardano.org/terms-and-conditions#id-12.-changes-to-terms) 12\. Changes to Terms * We reserve the right to modify these Terms at any time. Your continued use of the Service after any changes signifies your agreement to the new terms. ### [](https://docs.bodegacardano.org/terms-and-conditions#id-13.-termination) 13\. Termination * We may terminate or suspend access to our Services immediately, without prior notice or liability, for any reason whatsoever, including, without limitation, if you breach the Terms. ### [](https://docs.bodegacardano.org/terms-and-conditions#id-14.-governing-law) 14\. Governing Law * These Terms will be governed by and construed in accordance with the laws of Dubai, United Arab Emirates, and you submit to the non-exclusive jurisdiction of the state and federal courts located in Dubai for the resolution of any disputes. ### [](https://docs.bodegacardano.org/terms-and-conditions#id-15.-contact-information) 15\. Contact Information For any questions about these Terms, please contact us at: bodegacardano@gmail.com. [PreviousRoadmap](https://docs.bodegacardano.org/roadmap) [NextPrivacy Policy](https://docs.bodegacardano.org/privacy-policy) Last updated 1 year ago --- # Staking | Bodega Market ### [](https://docs.bodegacardano.org/staking#overview-of-staking) Overview of Staking Staking BODEGA tokens allows you to earn rewards in ADA, the native cryptocurrency of the Cardano blockchain. By staking, you contribute to the protocol's ecosystem and share in the fees collected by the platform. #### [](https://docs.bodegacardano.org/staking#key-features) Key Features * **Staking Period**: Each staking period lasts for 30 days. * **Snapshots**: A snapshot is taken on the date specified in the **Next Snapshot** field within the staking section of the platform. * **Rewards Distribution**: Rewards are calculated and distributed based on the snapshot data, which includes the stakes of all users and the total rewards for the period. * * * ### [](https://docs.bodegacardano.org/staking#rewards-calculation-and-distribution) Rewards Calculation and Distribution #### [](https://docs.bodegacardano.org/staking#reward-pool) Reward Pool Rewards for stakers come from the fees collected by the protocol. These fees are divided into two main portions: 1. **Staking Rewards**: Typically, 50% of the collected fees are allocated for distribution to stakers. 2. **Treasury Allocation**: The remaining 50% is sent to the protocol’s treasury to cover market deployment costs and other operational expenses. > **Note**: The fee distribution ratio can vary depending on the total amount of fees collected during a period. Adjustments to this ratio are at the discretion of the protocol’s governance. > **IMPORTANT:** At the moment of processing the rewards distribution, staking rewards may be invalidated for users whose staked token amount at the time of the snapshot was higher than their live staked amount. #### [](https://docs.bodegacardano.org/staking#snapshot-details) Snapshot Details The snapshot captures: * The total amount of BODEGA tokens staked by all participants. * The total rewards available for the staking period. This snapshot serves as the basis for calculating each participant’s share of the rewards. #### [](https://docs.bodegacardano.org/staking#rewards-distribution) Rewards Distribution * A few days after the snapshot is taken, rewards are distributed to stakers proportionally based on the snapshot data. * For example, if you staked 10% of the total BODEGA tokens at the time of the snapshot, you would receive 10% of the rewards allocated for that period. * * * ### [](https://docs.bodegacardano.org/staking#how-to-stake) How to Stake 1. Navigate to the staking section of the platform. 2. Check the **Next Snapshot** field to see the upcoming snapshot date. 3. Stake your BODEGA tokens before the snapshot date to ensure inclusion in the current staking period. 4. Monitor the staking section for updates on rewards distribution after the snapshot. * * * ### [](https://docs.bodegacardano.org/staking#additional-notes) Additional Notes * Staking rewards are distributed in ADA directly to your wallet. * To maximize your rewards, ensure your tokens remain staked throughout the entire staking period. * Changes to the fee distribution ratio or staking mechanism will be communicated through official channels. * * * ### [](https://docs.bodegacardano.org/staking#frequently-asked-questions-faqs) Frequently Asked Questions (FAQs) **1\. Can I unstake my tokens at any time?** * Yes, but unstaking before the snapshot will exclude your tokens from the rewards calculation for that period. **2\. How often are rewards distributed?** * Rewards are distributed once per staking period, shortly after the snapshot date. **3\. Where can I see my rewards?** * Rewards will appear in your wallet as ADA once they are distributed. * * * For further assistance, contact our support team or join the community discussions in our official channels. Happy staking! [PreviousFeatures](https://docs.bodegacardano.org/features) [NextMainnet V1 Security Assumptions](https://docs.bodegacardano.org/mainnet-v1-security-assumptions) Last updated 10 months ago --- # Testnet Guide | Bodega Market Our testnet is now live [here](https://beta.bodegacardano.org/) . Instructions * Setup Cardano wallet on preprod testnet either using Eternl, Nami, or Vespr. * Message us in [Discord](https://discord.com/invite/rgtrryH4Bp) and ask us to send tUSDM to your testnet wallet. * Connect wallet and place bet in tUSDM. * Sign transaction and confirm the bet went through in the Activity tab. This might take about 5 minutes. * Await outcome of bet and your payout, if you win the bet, will be paid within 24 hours. [PreviousLitepaper](https://docs.bodegacardano.org/litepaper) [NextRoadmap](https://docs.bodegacardano.org/roadmap) Last updated 1 year ago --- # SNEK FAQ | Bodega Market * This bet is in ADA instead of USDM. This allows users to participate in the bet while also still having exposure to ADA. * The bet will be resolved on December 1st if SNEK doesn't reach all time high, but it can be resolved sooner and ready for payouts, if it reaches all time high before December 1st. * All bets are final, you can't cancel or remove bets. * The final payout depends on the final bets, which is scheduled to be around November 11th at 9:00 AM EST. This means your payout isn't necessarily what is displayed in the UI at the given time of the bet. After the final bet is placed, the finalized payout will also be displayed. * There is 48 hours to place the bet, and the UI displays a countdown timer showing this information. * Target price of SNEK must surpass 0.0041 ADA, and will be based on the prices on both Minswap and SundaeSwap. [PreviousPayout Support and Troubleshooting](https://docs.bodegacardano.org/payout-support-and-troubleshooting) [NextLitepaper](https://docs.bodegacardano.org/litepaper) Last updated 1 year ago --- # Litepaper | Bodega Market Our litepaper can be accessed [here](https://medium.com/@bodegacardano/bodega-market-litepaper-a-new-frontier-for-prediction-markets-7fe052093c6a) . [PreviousSNEK FAQ](https://docs.bodegacardano.org/snek-faq) [NextTestnet Guide](https://docs.bodegacardano.org/testnet-guide) Last updated 1 year ago --- # Privacy Policy | Bodega Market [](https://docs.bodegacardano.org/privacy-policy#privacy-policy-for-bodega-market-on-cardano) Privacy Policy for Bodega Market on Cardano ---------------------------------------------------------------------------------------------------------------------------------------------- **Last Updated: November 26, 2024** Your privacy is critically important to us. Below, we outline our privacy policy. ### [](https://docs.bodegacardano.org/privacy-policy#id-1.-introduction) 1\. Introduction This Privacy Policy describes how Bodega Labs handles data from users of our website located at [**www.bodegacardano.org**](https://docs.bodegacardano.org/www.bodegacardano.org) and our services. ### [](https://docs.bodegacardano.org/privacy-policy#id-2.-information-we-collect) 2\. Information We Collect #### [](https://docs.bodegacardano.org/privacy-policy#a.-wallet-information) a. Wallet Information: * **Blockchain Data:** When you connect your wallet to use our Services, we collect your Cardano wallet address to process transactions and interact with smart contracts for betting and settlement purposes. This is not traditional personal data but rather public blockchain data. #### [](https://docs.bodegacardano.org/privacy-policy#b.-non-personal-information) b. Non-Personal Information: * **Usage Data:** We automatically gather information on how you use our Services, such as which pages you visit, how long you spend on each page, and user interactions with our content. * **Device Information:** Information about the device you use to access our Services, including device type, operating system, and browser type, might be collected for analytics purposes. ### [](https://docs.bodegacardano.org/privacy-policy#id-3.-how-we-use-your-information) 3\. How We Use Your Information * **Service Provision:** To facilitate transactions, verify bets, and distribute winnings via smart contracts. * **Improvement:** To analyze and improve our Services based on usage patterns and feedback. ### [](https://docs.bodegacardano.org/privacy-policy#id-4.-sharing-of-information) 4\. Sharing of Information * **Blockchain Transparency:** Due to the nature of blockchain technology, transactions are public and can be viewed by anyone with access to the Cardano network. * **Service Providers:** We might share wallet addresses with third-party providers for transaction processing or analytics, but not for any identifiable personal information. * **Legal Obligations:** We may be required to share information in response to legal requests or to protect our rights, privacy, safety, or property. ### [](https://docs.bodegacardano.org/privacy-policy#id-5.-when-visiting-the-website) 5\. When Visiting the Website Upon visiting our Websites, our servers will temporarily record each visit in a log file. The information we collect and store until it is automatically deleted includes: * Your computer's IP address * Your internet service provider (typically your ISP) * The date and time of your visit * The name and URL of the file you access * The country from which you access the Websites * Your computer's operating system and details about your browser (like the provider, version, and language) * The protocol used for the transmission (for example, HTTP/1.1) * The page and website address from which you were linked to our Websites, along with any search terms used if applicable ### [](https://docs.bodegacardano.org/privacy-policy#id-6.-data-security) 6\. Data Security No personal information beyond your wallet address is collected, which inherently provides a level of anonymity. However, blockchain transactions are transparent by design, and while we implement security measures to protect our platform, the nature of blockchain means that wallet addresses and transactions are publicly viewable. ### [](https://docs.bodegacardano.org/privacy-policy#id-7.-your-rights) 7\. Your Rights Given the limited personal data we collect, traditional privacy rights like access, correction, and deletion are not directly applicable. However, you can always disconnect your wallet from our Services. ### [](https://docs.bodegacardano.org/privacy-policy#id-8.-data-retention) 8\. Data Retention We do not retain any personal information beyond what is necessary for transaction processing and record-keeping as per blockchain records. ### [](https://docs.bodegacardano.org/privacy-policy#id-9.-cookies) 9\. Cookies We might use cookies to understand user behavior on our platform. You can manage or disable cookies through your browser settings, but this might affect your experience on our site. ### [](https://docs.bodegacardano.org/privacy-policy#id-10.-third-party-links) 10\. Third-Party Links Our Services might link to external sites, but we are not responsible for their privacy practices. Always review the privacy policy of any third-party site before proceeding. ### [](https://docs.bodegacardano.org/privacy-policy#id-11.-childrens-privacy) 11\. Children's Privacy Our Services are not directed at individuals under the age of 18, and we do not knowingly collect any information from or about children. ### [](https://docs.bodegacardano.org/privacy-policy#id-12.-changes-to-this-privacy-policy) 12\. Changes to This Privacy Policy We might update this Privacy Policy. We will inform you of any changes by revising the date at the top of this policy. ### [](https://docs.bodegacardano.org/privacy-policy#id-13.-contact-us) 13\. Contact Us Questions about this Privacy Policy? Reach out to us at: [bodegacardano@gmail.com](mailto:bodegacardano@gmail.com) [PreviousTerms & Conditions](https://docs.bodegacardano.org/terms-and-conditions) Last updated 1 year ago ---