Overall Structure
Vendetta Markets is a decentralized betting platform built on the Neutron blockchain, designed to provide users with a secure, transparent, and fair environment for wagering on esports and, in the future, live sports events. The protocol’s architecture is meticulously crafted to ensure integrity, efficiency, and user trust through the seamless interaction of its core components.
At a high level, the Vendetta Markets protocol comprises several key components, each responsible for specific functionalities. These components include:
-
Markets: These are the core of the protocol, where users can participate in various betting markets.
-
Oracles: These are responsible for providing accurate and timely data to the protocol, ensuring fair and transparent bet settlements.
-
DAO: The DAO (Decentralized Autonomous Organization) is a self-governing body that governs the protocol and its operations. (Currently not deployed)
-
Treasury: The treasury is a reserve fund that holds the protocol’s proceeds, ensuring the long-term sustainability of the platform. This is managed by the DAO (currently managed by a dev multisig).
These components interact seamlessly on the Neutron blockchain, leveraging its robust features to maintain a decentralized, transparent, and secure betting environment. The blockchain’s immutable ledger records all transactions and contract interactions, providing users with verifiable proof of the platform’s operations.
By integrating these smart contracts, Vendetta Markets ensures that all aspects of the betting process—from market creation to fund management and result verification—are conducted in a decentralized manner, fostering trust and fairness among its users.