Mimir
The ritual

Four steps. No ceremony.

Mimir is a peer-to-peer prediction market on the Keeta network. There is no house. The pool is the game.

  1. 01

    Find a question

    Browse open markets — crypto, sports, politics, culture, Keeta. Each is a real-world outcome that hasn't happened yet.

  2. 02

    Take a side

    YES or NO. The current odds tell you what the crowd believes. The further from 50/50, the bigger the consensus — and the smaller your win.

  3. 03

    Sacrifice your KTA

    Stake any amount. The KTA goes into the pool, locked until the question resolves. Your odds are fixed at the moment you drink.

  4. 04

    The well decides

    When the outcome is known, Mimir resolves the market. Winners split the entire pool, minus a 5% platform fee. Losers' stake goes to the winners.

How payouts work

Mimir uses a parimutuel system with locked-in share factors. When you bet, you stake against the other side. If your side wins:

  1. You get your full stake back. 100% of what you put in.
  2. Plus a share of the losing side's pool, minus a 5% fee.

Your share is set by your share factor — calculated the moment you bet, and locked in forever:

share_factor = your_stake / (your_side's_pool_after_your_bet)

The earlier you bet, when fewer have committed to your side, the bigger your share factor. The later you bet, the smaller. Conviction has a price — and an early reward.

A worked example

Market: "Will KTA reach $0.50 by June 30?"

  • Alice stakes 100 KTA on YES first. Share factor = 100 / 100 = 1.0
  • Bob then stakes 100 KTA on YES (pool now 200). Share factor = 100 / 200 = 0.5
  • Carol stakes 200 KTA on NO. NO pool = 200.

Market resolves YES. Losing pool = 200, fee = 10, distributable = 190.

  • Alice's share: 1.0 / 1.5 = 66.7% → payout 100 + 126.67 = 226.67 KTA (+126.67%)
  • Bob's share: 0.5 / 1.5 = 33.3% → payout 100 + 63.33 = 163.33 KTA (+63.33%)
  • Carol: 0 KTA. Mimir keeps 10 KTA in fees.

Same stake. Different timing. Very different returns.

Three guarantees

  1. Total payouts can never exceed the pool. Solvency is provable, not promised.
  2. Winning bets are always profitable. You never lose money on a winning bet.
  3. The fee is always exactly 5% of the losing pool. No hidden costs.

Common questions

  • What is KTA?+

    KTA is the native token of the Keeta network. You'll need a small amount in your wallet to stake on a market. Mimir does not custody your KTA — it lives in your wallet until the moment you stake.

  • When does my stake lock in?+

    The instant your transaction confirms on Keeta. Your odds are frozen at that price, regardless of how the market moves after.

  • Who decides the outcome?+

    Each market specifies a resolution source — an exchange price, a sports score, an official announcement. Mimir resolves based on that source. Disputes are rare; when they happen, we err toward the conservative reading.

  • What's the fee?+

    5% of the total pool, taken at resolution. No fee for placing a bet. No fee if a market is cancelled — your stake is refunded in full.

  • Can I cash out early?+

    Not yet. Your stake is locked until the market resolves. Liquid secondary markets are on the roadmap.

"Foresight is a sacrifice. Make it cheap."— Mimir
Find your first question →