FAQ
What is Axiom?
Axiom is a prediction market where users trade on future events using XRP or stablecoins like RLUSD. It is built for the speculation culture of the XRP community and expands into global, crypto, sports, and economic markets.
Does Axiom have a token?
No. Axiom does not have a native token. You use the assets you already hold, starting with XRP.
How do markets work?
Axiom uses a Tiered Parimutuel model:
All bets go into outcome pools
Early bets earn a time bonus
Odds update in real time
There is no early exit
Winners share the prize pool when the market resolves
This approach requires no seed liquidity and is resistant to manipulation.
What can I bet on?
Axiom supports:
XRP and Ripple ecosystem predictions
Crypto market outcomes
Global events
Sports
Technology and macroeconomics
Social and narrative driven events
These markets reflect what XRP holders and global traders already talk about.
How are outcomes determined?
Axiom uses decentralized, stake-weighted governance:
A top 50 percent staker proposes an outcome
Others can challenge it
If challenged, top 50 percent stakers vote
If still unresolved, all stakers vote
If nothing passes, the market resolves as Invalid and funds are refunded
Incorrect actors lose stake. Correct actors gain stake.
Why can the first proposal pass automatically?
This is called optimistic resolution. If no one challenges the proposal during the challenge window, it is accepted automatically. This allows uncontested markets to resolve in hours rather than days.
What happens if people vote incorrectly on purpose?
They lose part of their staked value. Penalties are enforced through share burns:
Incorrect proposers lose 0.20 percent of their stake
Incorrect voters lose 0.10 percent
These penalties are redistributed to honest participants.
What is Axiom Prime?
Axiom Prime is the staking and yield layer. Stakers:
Earn yield from market commissions and penalties
Receive non-transferable share tokens
Gain governance power
Become eligible to create markets and resolve outcomes
The same capital that earns yield also protects truth.
What is the top 50%?
Every 24 hours, Axiom snapshots all stakers and sorts them by USD value. The top 50 percent of stakers are eligible to:
Create markets
Propose outcomes
Challenge proposals
Vote in the first voting round
This prevents small wallets from spamming governance.
Why is Axiom launching in bootstrap mode?
At launch there are:
No stakers
No top 50%
No governance participants
Bootstrap mode solves this by allowing a whitelisted council to:
Create early markets
Resolve outcomes
Seed activity
Stabilize the protocol
Bootstrap mode ends when:
Three signers vote to disable it
Or 12 months pass
How do I earn yield?
During the Bootstrap phase, you can earn yield through the Axiom Points program.
Following the Bootstrap phase, you can stake XRP into Axiom Prime. Yield comes from:
Market commissions
Penalties applied to incorrect governance participants
There are no emissions, inflation or external DeFi strategies. Yield is real and directly tied to trading activity.
Can I lose money by staking?
Yes. Only if you propose or vote incorrectly, penalties apply. These penalties are small but real and are designed to ensure honest participation.
If you do not participate in governance, you do not risk any penalties, but you do still earn yield from market commissions.
When will stablecoin markets be supported?
Stablecoins like RLUSD, USDC, or USDT will be supported once sufficient liquidity is available on the XRPL EVM Sidechain. Governance can then enable stablecoin settlement and new vaults.
Can anyone create markets?
After bootstrap mode ends, yes. Any top 50% staker can create markets. Market creators also earn a quality bonus if their market resolves cleanly.
During bootstrap mode, only whitelisted signers can create markets.
Why can’t I exit a position early?
The first version of Axiom uses a parimutuel model, which:
Guarantees liquidity (no LPs needed)
No price manipulation via exit timing
Simpler and safer trading mechanics during launch
Fair odds and payout logic for early and late bettors
Significant MEV and wash-trading protections
Introducing early exit mechanisms are a top priority for us. Axiom’s MarketFactory smart contract is designed to be upgradeable, allowing the introduction of additional market types (using CLOB or CFMM) as liquidity and user demand increases.
Which network does Axiom run on?
The XRPL EVM Sidechain. This provides:
XRP liquidity
Low fees
Fast execution
Smart contract functionality
A smooth user experience
Although, users do not need to understand bridging or network details and can deposit XRP from the XRPL mainnet or any CEX.
Is Axiom legal in my country?
Regulations differ across regions. Axiom is a decentralized protocol and does not provide legal advice. Users are responsible for understanding local laws and restrictions.
Can businesses or institutions use Axiom?
Yes. Institutions can use Axiom to:
Hedge political or economic risks
Forecast macro outcomes
Track market sentiment
Evaluate adoption trends
Inform internal planning
Axiom can serve as a decentralized forecasting layer.
What happens if a market becomes unclear or disputed?
If proposals and votes fail to reach consensus, the market resolves as Invalid and funds are refunded.
This protects users from ambiguous or unresolvable events.
Can Axiom be shut down?
Axiom is a set of smart contracts deployed on the XRPL EVM Sidechain. Once bootstrap mode ends, no entity can unilaterally change or disable the protocol. Governance is fully stake based and decentralized.
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