Bayzen Documentation
Learn how Bayzen uses Signal Points, Canton Coin, evidence-based resolution, and Canton-native workflows to create markets across assets, protocols, projects, and ecosystem events.
Bayzen is a Canton-native platform for creator-made prediction markets across crypto and traditional assets, protocol events, project milestones, and ecosystem events. Research-backed forecasts become measurable, verifiable track records.
Forecasts shared online can be edited or deleted, research often lacks a measurable outcome, and follower counts do not establish forecasting skill. Bayzen gives each market a defined question, evidence source, deadline, resolution rule, and verifiable result.
Canton and crypto markets, stocks and ETFs, futures and perpetuals, commodities, protocol events, project milestones, and ecosystem events.
Politics, sports, entertainment, celebrity events, and random social events.
Start Here
A market moves from a researched question to evidence-based resolution, settlement, and an updated performance record.
The current app prototype simulates email verification and one generated wallet. In the target design, the application would provision or associate a wallet with a Canton Party hosted on a participant node. Market Participant and Market Creator remain non-exclusive roles on the same application identity, so changing roles does not create another wallet or Party ID.
In the Market Creator role, an eligible user submits research and a declared forecast, then locks SP as a reusable Quality Bond. Review checks the question, evidence, deadline, and resolution rules before positions open.
Eligible users other than the market creator take positions with Canton Coin. After the deadline, a separate off-chain resolver service checks the predefined evidence and submits a provisional outcome. An unchallenged result can be finalized automatically; disputed or ambiguous results move to review. Operator independence and conflict controls remain readiness requirements.
Clean resolution returns the same SP bond, pays winning participants, and releases a publisher reward equal to 20% of the settlement fee up to the cap published before opening. Participant and creator records can then be updated in Signal Passport.
Product
Every market must be answerable through a fixed rule and predefined evidence.
Will the 15-minute CC/USD TWAP close above $0.18 on 30 September 2026 at 16:00 UTC?
The positive outcome wins if the predefined 15-minute TWAP is greater than $0.18. The negative outcome wins if the result is equal to or below $0.18, because the question uses the word above.
The creator's research, declared forecast, data source, calculation method, threshold, cutoff, resolution rule, and cancellation rule are locked when the market opens, before any position can be accepted. A material correction requires withdrawing and republishing the market.
Canton assets, crypto assets, memecoins, futures, and perpetuals with approved evidence sources.
Stocks, ETFs, and commodities with permitted evidence sources.
Protocol events, project milestones, and ecosystem events resolved under a fixed rule.
Categories expand only after the core lifecycle proves reliable.
Product
Signal Points are reusable publishing capacity and a creator Quality Bond, not a tradable asset.
Signal Points, or SP, are non-purchasable and non-transferable creation credits used to propose markets and form a reusable Quality Bond. SP are not used for positions, cannot be exchanged for CC or money, are not a cryptocurrency or Bayzen token, and have no guaranteed monetary value.
In the target design, eligible users who opt into the Market Creator role receive Starter SP only after completing creator eligibility checks. Email login and generated-wallet provisioning alone do not grant SP.
When a creator submits a market, SP move from Available SP to Locked SP and become a Quality Bond. A clean final resolution returns the same SP for reuse. If review rejects a proposal before it opens, the bond returns unless review identifies a policy breach, deceptive specification, or manipulation; a rejected proposal never earns a publisher reward. An invalid or manipulative market can burn some or all of the bond. SP are never awarded for position count, volume, user count, or artificial activity.
Question clarity, valid evidence, objective rules, clean resolution, no publisher-fault finding, policy compliance, and no self-dealing or wash trading.
Participant count, wallet count, CC volume, linked-account activity, or artificial transaction activity.
If a market is invalid or manipulative, some or all of the bond may be burned, creator reputation may fall, and creation access may be restricted. If cancellation results from source failure, insufficient liquidity, or a system issue outside the creator's control, the bond is returned and no publisher reward is paid because no settlement occurs.
Product
Canton Coin is the position and settlement asset in the target pooled market design.
CC is used for positions, settlement, payouts, refunds, and the Bayzen settlement fee. The target design uses Canton Network Token Standard workflows for CC funding, reservation, transfer, and payout while Bayzen contracts record market state and settlement authorization. CC is not used to buy SP, creator reputation, or a Signal Passport score. When a user creates a market, the same wallet and verified identity cannot take a paid position in that market, but the user may participate in markets published by other eligible creators. After clean resolution, the creator may receive only the fee-based reward defined below.
Allocation design status. CIP-0056 allocations are directed commitments with a defined sender, receiver, amount, executor, and deadline. Before Mainnet, Bayzen must validate the pool receiver and executor model, aggregation of participant allocations, cancellation and withdrawal constraints, and the payout and refund transaction flow.
Losing Pool = Total CC on Losing Side Settlement Fee = Losing Pool × 2% Gross Publisher Reward = Settlement Fee × 20% Protocol Cap = Per-market CC ceiling published before opening Final Publisher Reward = min(Gross Publisher Reward, Protocol Cap) Bayzen & Resolution Reserve = Settlement Fee − Final Publisher Reward Distributable Pool = Total Pool − Settlement Fee User Payout = (User Winning Position ÷ Total Winning Pool) × Distributable Pool
The 2% settlement fee applies only to completed markets and is deducted from the losing pool. The publisher receives 20% of that fee, equal to 0.4% of the losing pool before the published per-market cap. The remaining fee supports Bayzen, resolution, and reserve. This application fee is separate from Canton network traffic costs. A cancelled market refunds all positions, charges no fee, pays no publisher reward, and returns the SP bond when the publisher is not at fault.
Product
A planned record that separates publisher forecasting quality from participant position history.
A publisher's declared probability is separate from a participant's CC position. A participant's side or stake size is not treated as probability.
A shareable Signal Passport is an application-generated summary derived from records visible to entitled parties. Publication or auditor access requires a deliberate authorization or sharing action.
(p − o)² p = declared probability o = final outcome, expressed as 1 or 0 lower score = better calibrated forecast
For the target MVP, Brier scoring applies to the publisher's probability locked before publication. A participant's binary position and CC stake do not by themselves produce a Brier Score.
Confidence entry, Brier scoring, calibration, and advanced Signal Passport analytics remain planned. They must not be interpreted as active product features.
Protocol
Each state limits what can happen next and keeps market rules stable after positions begin.
The creator prepares the question, evidence, deadline, and rules. No positions are accepted.
Bayzen checks whether the proposal is clear and resolvable. Review does not guarantee approval.
Eligible participants can take one of the market's two outcome positions with CC.
New positions stop. The evidence check begins after the defined deadline.
The resolver submits a rule-based provisional outcome.
Eligible challenges may be submitted with evidence before finalization.
The result is final under the market's fixed rules.
Winning payouts or required refunds have been processed.
Protocol
A hybrid model combines predefined external evidence with a Daml-enforced review window.
Daml does not retrieve internet data directly. An off-chain resolver reads the predefined source, applies the exact market rule, and submits a provisional outcome. Daml contracts enforce the challenge deadline, authorization, and allowed state transition; an off-chain automation service submits finalization after the deadline when no valid challenge exists.
Bayzen intervenes only when there is a dispute, source failure, or material data ambiguity. A challenged result is reviewed against the market's fixed evidence and rule before finalization. An upheld challenge may correct the provisional outcome or void the market without penalizing the publisher when the issue comes from resolver or source error. Bond slashing is reserved for publisher fault or manipulation under predeclared rules.
A creator cannot choose the outcome, change the source after opening, act as resolver or finalizer for their own market, disregard predefined rules, or cancel a market merely to avoid an outcome.
Protocol
The target architecture separates authorization, contract state, token workflows, and external evidence retrieval.
Selective disclosure applies to Bayzen application contracts. Current Canton documentation states that CC balances and transaction history are publicly visible through the network scan service.
Trust & Safety
Market Participant and Market Creator are non-exclusive roles on one generated wallet. A creator may participate in markets published by others but cannot take a paid position in their own market.
The own-market restriction applies to the publisher's Party ID, other wallets under the publisher's control, known linked Party IDs, and accounts under the publisher's beneficial control. It does not prevent the publisher from participating in markets published by others.
A conceptual EligibilityCredential contains an identity commitment or hash, a registered Party ID, eligibility status, expiration, and restriction status. Real-world identity or KYC data is not placed directly on the ledger.
Bayzen-generated wallets and Party IDs associated with the same verified identity use the same identity commitment. A position transaction must satisfy:
participantIdentityCommitment must not equal publisherIdentityCommitment
A matching commitment causes the Daml transaction to be rejected. A new Party without a valid credential cannot take a position.
Canton does not automatically determine whether every wallet belongs to the same person and does not provide a public global wallet graph. These controls reduce risk but cannot guarantee complete prevention of identity borrowing, Sybil behavior, or collusion.
Protection layers can include verified identity, Party linking, eligibility credentials, position and market limits, app-level risk signals, manual review, SP-bond slashing, account suspension, and an appeal process. Exact fraud-detection thresholds, device signals, and risk formulas are intentionally not published.
Trust & Safety
Prediction markets involve uncertainty, evidence dependencies, and the possibility of financial loss.
Compliance controls and access restrictions must not be described as active until they are implemented and reviewed. This page is not a final Terms of Use or Privacy Policy, and it does not claim that KYC, AML, sanctions screening, or geo-blocking is currently active.
Build
A concise map of the components required to implement the target protocol.
Market discovery, creation, positions, challenges, and performance views.
Application coordination, planned Token Standard allocation workflows, and policy-controlled services.
Market lifecycle, authorization, resolution state, settlement instructions, and receipt logic.
Email authentication, unique wallet and Party provisioning, transaction authorization, and signing.
External evidence retrieval and rule evaluation.
Searchable application views and analytics.
Planned hosting for Bayzen-operated parties and their relevant contract state.
EligibilityCredential Market CreatorSPBond CCPosition MarketPool ResolutionProposal Challenge FinalOutcome PayoutClaim FeeAllocation SignalPassportReceipt
CCPosition and MarketPool are application-state concepts. The target design uses Canton Network Token Standard workflows for CC funding and payout; these names do not imply that a custom market contract directly holds CC.
No SDK package, API endpoint, contract address, validator identifier, Mainnet URL, or production code example is published here.
Build
Bayzen moves from local development through network testing and readiness review before a public release.
Resources
A future consolidated description of Bayzen's market, settlement, identity, evidence, and Canton architecture assumptions.
Resources
Five practical foundations inform Bayzen's approach to information aggregation, scoring, pooled settlement, and identity risk.
Resources
Short answers about the target product, protocol, and current development status.
Bayzen is a Canton-native platform for creator-made prediction markets across crypto and traditional assets, protocol events, project milestones, and ecosystem events. Research-backed forecasts become measurable, verifiable track records.
The target categories are Canton and crypto markets, stocks and ETFs, futures and perpetuals, commodities, protocol events, project milestones, and ecosystem events.
The current prototype simulates a generated wallet. In the target design, the application would provision or associate a wallet with a Canton Party; Participant and Creator roles would use that same application identity without generating another wallet when roles change.
Signal Points are non-purchasable, non-transferable creation credits that form a Quality Bond and return for reuse after clean resolution.
No. SP cannot be purchased, transferred, exchanged for CC, or redeemed for money.
After a clean final resolution, the creator's locked SP bond returns for reuse. Publisher Mode does not add an automatic SP bonus.
No. The target design blocks the creator and registered Party IDs linked to the same identity commitment in that market. The creator may take positions in markets published by other eligible creators.
After clean resolution, Publisher Mode releases 20% of the 2% settlement fee to the creator up to the cap published before opening, equal to 0.4% of the losing pool before that cap. No publisher reward is paid when a market is cancelled or invalid.
It is a conceptual credential that links an eligible Party ID to an identity commitment and records eligibility, expiration, and restriction status without placing real-world identity data directly on the ledger.
The MVP target uses a pooled pari-mutuel design so winning participants can share the distributable pool proportionally after the final outcome.
A participant's estimate is their share of the winning pool multiplied by the distributable pool. It can change until closing and is not guaranteed.
An off-chain resolver reads the predefined source, applies the fixed rule, and submits a provisional outcome. Daml contracts enforce the challenge deadline and allowed transition; off-chain automation submits finalization when the result remains unchallenged.
The fallback source or cancellation rule applies. If reliable resolution is impossible, positions may be refunded and the creator's bond returned when the failure was outside the creator's control. No settlement fee or publisher reward is paid.
The provisional outcome and submitted evidence are reviewed against the fixed market rule before finalization. An upheld challenge may correct the outcome or void the market; the publisher's bond is slashed only when predeclared rules establish publisher fault or manipulation.
Participant positions are refunded. Creator SP treatment depends on whether the cancellation resulted from creator fault or an external issue.
Signal Passport is a planned performance record covering publisher probabilities, Brier Score, calibration, market quality, and capped reward history, with participant position results and CC profit or loss tracked separately.
The target design uses Canton for Party-based authorization, privacy-aware transaction views, Daml workflows, and interoperable CC settlement.
No. Bayzen is in development and will proceed to Public Mainnet only after all readiness checks pass.
No. Participation can result in loss, estimated payouts can change, publisher rewards are conditional and capped, and validator rewards are not guaranteed.
Resources
Plain-language definitions for the core terms used throughout this documentation.
