DELPHI

DELPHI is a digital asset that can only be earned by being right against the market. Every token is minted by a winning, contrarian prediction; every mint is recorded as a Pythia leaf and anchored to Bitcoin. Holders earn a royalty on every trade in the subclass they mined.

How DELPHI mints

When a market resolves and your position is in the money, the system computes:

profit = max(0, payout - wagered)
edge   = clamp(1 - market_probability_at_placement, 0, 1)
calib  = clamp(your_calibration_score / 50, 0.1, 2.0)

DELPHI = profit × edge² × calib / 1000

The edge² term means correct calls that simply ride the consensus mint nearly nothing. Correct calls against the consensus mint exponentially more. Calibration weights long-term accuracy.

How DELPHI earns royalties

50% of every market’s house rake (the LMSR settlement spread) flows into a royalty pool for that market’s subclass. Every six hours, each pool is divided pro-rata among all holders of the matching DELPHI subclass.

Live state

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