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Butter
Butter
  • What is Butter?
  • Portfolio Page
  • Welcome
    • How it Works
  • Getting Started
  • Technical Explainer
    • Introduction
    • Overview
    • Process
    • Limitations
  • Technical Information
    • CFM v1 Contracts
    • CFM v1 Dependencies
    • Play Tokens Contract
    • Contract Addresses
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What is Butter?

NextPortfolio Page

Last updated 2 months ago

Welcome to Butter

We use that make funding decisions—and you can help.

It's Simple

Tokens can be designed to represent any idea we can express in a smart contract—even events that may or may not happen in the future. We can make tokens that represent the outcome of an election or tokens that represent the growth of a protocol's revenue.

As you buy or sell tokens, you update their prices and contribute your beliefs about the future. Even better, we can use these prices to make funding decisions.

For example:

Rather than electing a committee or holding a vote to decide ecosystem grants, we can create a Revenue token for each project. Markets can price these tokens as if we'd issued each project a grant. The more revenue you believe each project can achieve with a grant, the more you expect the token will be worth.

Conditional Funding Markets select the project with the highest value Revenue token to receive the grant. This way we ensure the grant has the best chance of impact.

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special markets
Prices in Prediction Markets represent our collective beliefs about the future