Glossary

Accuracy-Based Rewards: A reward mechanism where users earn returns based on correct prediction outcomes rather than participation volume or activity.

Benchmark: A reference asset or index (e.g., ETH, BTC, or a custom index) used to measure relative portfolio or wallet performance.

Burn: The permanent removal of KYNEX tokens from circulation, reducing total supply and introducing deflationary pressure.

Confidence Score: A numerical score assigned to a wallet or portfolio based on historical performance, consistency, risk-adjusted returns, and behavioral patterns.

Dynamic Odds: Odds that adjust in real time based on the relative size of Yes / No pools and remaining time to market expiry.

Fee Sharing: The distribution of protocol-generated fees to KYNEX stakers as yield.

Inflow / Outflow: The net movement of capital into or out of a wallet, portfolio, or asset over a defined period.

Kynex: A crypto-native protocol that turns on-chain portfolio intelligence into prediction markets where users earn rewards for accurate predictions.

KNX: The native utility and governance token of the Kynex protocol, used for market creation, prediction participation, premium access, staking, and governance.

Market Creation Fee: A fee paid in KYNEX to create a prediction market, designed to reduce spam and incentivize high-quality markets.

Market Expiry: The fixed time when a market closes and no further stakes can be placed.

Market Lifecycle: The sequence of stages a prediction market follows: creation, open participation, lock at expiry, resolution, and settlement.

Market Size Cap: A predefined limit on the total amount of KYNEX that can be staked in a market to reduce manipulation risk.

Non-Custodial: A system design where users retain full control of their wallets and funds; the protocol never takes custody of user assets.

Odds Adjustment Algorithm: The mechanism that recalculates implied probabilities as stake flows into Yes or No pools.

On-Chain Resolution: The deterministic process of resolving market outcomes using blockchain data and oracle feeds without human intervention.

Oracle: A data provider that supplies external information (such as price data) to smart contracts for market resolution.

Payout: The distribution of rewards to users who correctly predicted a market outcome, executed automatically on-chain.

Portfolio: A collection of assets held by a wallet or group of wallets, tracked and analyzed as a single unit.

Portfolio Intelligence: The analysis of on-chain wallet and portfolio data to extract signals such as performance, capital flow, and behavioral patterns.

Prediction Market: A market where participants stake tokens on the outcome of a future, measurable event, with rewards distributed based on accuracy.

Protocol Fee: A percentage of funds collected during market settlement, allocated to stakers, treasury, and burn mechanisms.

Resolution: The process of determining a market’s outcome using predefined logic and verified on-chain data.

Resolution Window: A bounded time period after market expiry during which oracle data is finalized and outcomes are resolved.

Slippage: The change in implied odds caused by staking into a market, particularly for large positions.

Smart Money: Wallets or portfolios identified as having historically strong performance, efficient capital deployment, or consistent profitable behavior.

Stake: The amount of KYNEX committed to a prediction. Incorrect predictions transfer stake to the winning pool.

Stake-to-Predict: The mechanism requiring users to stake KYNEX tokens to express conviction on a market outcome.

Staker: A KNX holder who locks tokens to earn fee sharing and participate in governance.

Staking: Locking KYNEX to earn a share of protocol fees and gain governance rights, independent of individual predictions.

Time-Lock: A delay applied to governance-approved actions before execution, allowing users time to react to protocol changes.

Treasury: A protocol-controlled pool of funds used for development, audits, ecosystem growth, and long-term sustainability.

Wallet Tracking: The monitoring of wallet activity to understand portfolio composition, capital movement, and behavioral patterns.

Yes / No Pools: The two opposing outcome pools in a binary prediction market where users stake KYNEX based on their conviction.