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Butter (PLAY)
Butter (PLAY)
  • What is Butter?
  • Porfolio 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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  1. Welcome

How it Works

PreviousPorfolio PageNextGetting Started

Last updated 2 months ago

To use Butter you'll need to think deeply about the future, but if you've made it this far, this should come naturally.

Remember, all decisions on Butter have three elements:

  1. Grant: The amount the deployer wants to allocate

  2. Metric: The metric the deployer wants to impact

  3. Outcomes: The set of grant decisions being considered, e.g., Butter receives 50 ETH

All good things 🥞 come in three (or with 🧈) so keep these three steps in mind:

  • Price: What do you know about the decision itself? What about the potential outcomes? Are current prices accurate?

  • Position: Spot an under or overpriced asset? Put your money where your mouth is

  • Payout: Once the outcome is confirmed, claim your winnings. The greater the accuracy, the greater the payout

Next, we'll teach you how to start using Butter

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Prices reflect beliefs about each project's TVL increase if they receive funding