Called it.

Platform

How it works.

All the mechanics, explained plainly.

Contracts

How contracts work

Called it uses a parimutuel pool system. All Cache staked on a contract goes into a shared pool. When the contract resolves, the winners split the pool minus a small rake.

1

Participants sign

Each person picks YES or NO and commits Cache. Their stake joins the pool.

2

Pool grows

More participants means a bigger pool. The probability updates in real time as the balance shifts.

3

Event resolves

Once the event occurs, the admin or creator marks the outcome YES, NO, or Void.

4

Winners split the pool

Everyone who picked the correct side shares the total pool proportionally to their stake. Void contracts refund all participants.

YES pool: 400 Cache · NO pool: 100 Cache · Rake: 5%

Total pool: 500 Cache · After rake: 475 Cache

Outcome: YES wins

You staked 100 Cache on YES → you own 25% of YES pool → you receive 118 Cache

Net: +18 Cache

Probability

How probability is calculated

The probability displayed on every contract is the market-implied probability: the YES pool divided by the total pool.

P(YES) = YES pool ÷ Total pool

YES: 400NO: 100= 80%

This means the crowd collectively believes there's an 80% chance of YES. The probability moves as people sign — stake more on NO and the probability drops.

Cache

How Cache works

Cache is Called it's play-money currency. No real money changes hands. Cache cannot be cashed out.

Where Cache comes from

  • +500Signup bonus — everyone starts here
  • +50Daily bonus for active participants
  • +200Referral bonus (you and them, after first sign)
  • variesWinning contracts pay out from the pool
  • +cutCreators earn a share of the rake on their contracts

Where Cache goes

  • −5%Rake on every resolved pool (platform fee)
  • decayIdle balances decay slowly to keep the economy moving
  • −10Contract submission fee (refunded if fairly rejected)

If your balance hits zero, you receive a one-time bailout of 100 Cache per semester to keep you in the game.

Open-date contracts

The 12-hour rule

Some contracts have no fixed resolution date — the event could happen any time. To protect participants from insider timing, any bet placed within 12 hours of the resolution event is refunded in full.

Contract: Will the MSU president resign this semester?

You signed at 9:00 AM on Tuesday.

The president resigned at 10:00 AM on Tuesday.

Your bet was within 12 hours of the event. Full refund.

The 12-hour window is applied automatically. No action required from participants.

Resolution

How resolution works

Called it uses a four-tier resolution system, in order of preference:

1

Creator resolves

The person who created the contract submits evidence and marks the outcome.

2

Admin review

If the creator is unavailable or the resolution is disputed, an admin reviews the evidence.

3

Community vote

For community-observed contracts, participants vote on the outcome based on shared evidence.

4

Void

If no resolution is possible with sufficient evidence, the contract is voided and all Cache refunded.

Decay

How the decay rate works

Inactive Cache decays over time. This prevents hoarding and keeps the economy active. Active participants who sign contracts regularly decay more slowly.

Starting balance: 500 Cache

Inactive for 30 days: ~480 Cache (−4%)

Inactive for 60 days: ~461 Cache (−8%)

Inactive for 90 days: ~443 Cache (−11%)

Sign one contract per week: no meaningful decay

Decay happens in the background. You'll see your balance change on the profile tab.

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