Summary

DarkHorse Fantasy Markets presents a revolutionary approach to sports trading, leveraging the power of the Solana blockchain to redefine fan interaction and engagement. By allowing users to trade team performance with up to 20x leverage, DarkHorse creates a dynamic marketplace where the value of sports teams fluctuates based on real-world performance. This innovative platform merges sports analytics, financial market gamification, and blockchain technology, offering a unique, non-zero-sum game where skill, strategy, and data-driven insights are rewarded in real-time.

Overview

Non-Zero-Sum Game

Unlike traditional sports betting, where you either win or lose your wager, DarkHorse is not a zero-sum game. Positions are perpetual, allowing users to open trades on teams and hold them for as long as they want. The value of these positions fluctuates based on in-game performance—just like how stocks or crypto assets change over time. This means users can see their investments grow, recover, or lose value across an entire season, rather than a single game.

Dynamic Burn-Mint Model

The platform operates on a burn-mint model designed to balance supply and demand for the $DRK token:

• Tokens are minted when users close positions with a gain.

• Tokens are burned when users close positions with a loss.

The long-term goal is to achieve a deflationary token supply, where more tokens are burned than minted. With community input and active participation, this dynamic model allows for continuous improvement. The $DRK token acts as a utility token within the platform, powering all transactions and interactions.

Leverage Trading with Liquidation Risks

Users can trade on teams with up to 20x leverage. While this amplifies potential gains, it also increases the risk of liquidation. If a team's performance drops below a certain threshold and a user has over-leveraged their position, they could lose their entire stake. Strategic risk management becomes key as positions can be held indefinitely, but liquidation always looms if teams underperform.

Real-Time Team Performance and Price Discovery

Team share prices are set based on preseason projections—teams expected to perform better will have higher prices, while lower-ranked teams will have more affordable share prices. Prices are then influenced purely by in-game performance:

• A team that wins by a significant margin will see its share price increase.

• The losing team will have its price drop, and the lost value is redistributed to the winning team.