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// SPDX-License-Identifier: MIT
pragma solidity ^0.8.20;
/**
* @title PredictionMarket
* @dev A flexible prediction market contract for binary outcome events
* Supports oracle-based resolution, time locks, and easy event management
*/
contract PredictionMarket {
// Structs
struct Market {
string question;
string description;
uint256 endTime;
uint256 resolutionTime;
bool resolved;
bool outcome; // true = YES, false = NO
uint256 totalYesShares;
uint256 totalNoShares;
uint256 totalPool;
address oracle;
bool canceled;
}
struct Position {
uint256 yesShares;
uint256 noShares;
bool claimed;
}
// State variables
mapping(uint256 => Market) public markets;
mapping(uint256 => mapping(address => Position)) public positions;
mapping(address => bool) public authorizedOracles;
uint256 public marketCount;
address public owner;
uint256 public platformFee = 20; // 2% fee (out of 1000)
uint256 public constant FEE_DENOMINATOR = 1000;
// Events
event MarketCreated(
uint256 indexed marketId,
string question,
uint256 endTime,
uint256 resolutionTime,
address oracle
);
event SharesPurchased(
uint256 indexed marketId,
address indexed buyer,
bool prediction,
uint256 shares,
uint256 cost
);
event MarketResolved(
uint256 indexed marketId,
bool outcome,
address resolver
);
event WinningsClaimed(
uint256 indexed marketId,
address indexed claimer,
uint256 amount
);
event MarketCanceled(
uint256 indexed marketId
);
event OracleAuthorized(address indexed oracle);
event OracleRevoked(address indexed oracle);
// Modifiers
modifier onlyOwner() {
require(msg.sender == owner, "Only owner");
_;
}
modifier onlyAuthorizedOracle(uint256 marketId) {
require(
authorizedOracles[msg.sender] || msg.sender == markets[marketId].oracle || msg.sender == owner,
"Not authorized oracle"
);
_;
}
modifier marketExists(uint256 marketId) {
require(marketId < marketCount, "Market does not exist");
_;
}
modifier marketActive(uint256 marketId) {
require(!markets[marketId].resolved, "Market resolved");
require(!markets[marketId].canceled, "Market canceled");
require(block.timestamp < markets[marketId].endTime, "Market ended");
_;
}
modifier marketEnded(uint256 marketId) {
require(block.timestamp >= markets[marketId].endTime, "Market still active");
_;
}
modifier canResolve(uint256 marketId) {
require(block.timestamp >= markets[marketId].resolutionTime, "Resolution time not reached");
require(!markets[marketId].resolved, "Already resolved");
require(!markets[marketId].canceled, "Market canceled");
_;
}
// Constructor
constructor() {
owner = msg.sender;
authorizedOracles[msg.sender] = true;
}
/**
* @dev Create a new prediction market
* @param question The question being predicted
* @param description Additional context
* @param endTime Timestamp when betting closes
* @param resolutionTime Timestamp when oracle can resolve
* @param oracle Address authorized to resolve this market
*/
function createMarket(
string memory question,
string memory description,
uint256 endTime,
uint256 resolutionTime,
address oracle
) external onlyOwner returns (uint256) {
require(endTime > block.timestamp, "End time must be in future");
require(resolutionTime >= endTime, "Resolution time must be after end time");
require(oracle != address(0), "Invalid oracle address");
uint256 marketId = marketCount++;
markets[marketId] = Market({
question: question,
description: description,
endTime: endTime,
resolutionTime: resolutionTime,
resolved: false,
outcome: false,
totalYesShares: 0,
totalNoShares: 0,
totalPool: 0,
oracle: oracle,
canceled: false
});
emit MarketCreated(marketId, question, endTime, resolutionTime, oracle);
return marketId;
}
/**
* @dev Buy shares in a prediction (YES or NO)
* @param marketId The market to bet on
* @param predictYes true for YES, false for NO
*/
function buyShares(uint256 marketId, bool predictYes)
external
payable
marketExists(marketId)
marketActive(marketId)
{
require(msg.value > 0, "Must send ETH");
Market storage market = markets[marketId];
Position storage position = positions[marketId][msg.sender];
// Calculate shares (1:1 with ETH for simplicity, can implement AMM pricing)
uint256 shares = msg.value;
if (predictYes) {
position.yesShares += shares;
market.totalYesShares += shares;
} else {
position.noShares += shares;
market.totalNoShares += shares;
}
market.totalPool += msg.value;
emit SharesPurchased(marketId, msg.sender, predictYes, shares, msg.value);
}
/**
* @dev Resolve a market (oracle function)
* @param marketId The market to resolve
* @param outcome true for YES, false for NO
*/
function resolveMarket(uint256 marketId, bool outcome)
external
marketExists(marketId)
marketEnded(marketId)
canResolve(marketId)
onlyAuthorizedOracle(marketId)
{
Market storage market = markets[marketId];
market.resolved = true;
market.outcome = outcome;
emit MarketResolved(marketId, outcome, msg.sender);
}
/**
* @dev Claim winnings after market resolution
* @param marketId The market to claim from
*/
function claimWinnings(uint256 marketId)
external
marketExists(marketId)
{
Market storage market = markets[marketId];
Position storage position = positions[marketId][msg.sender];
require(market.resolved || market.canceled, "Market not resolved or canceled");
require(!position.claimed, "Already claimed");
uint256 payout = 0;
if (market.canceled) {
// Refund in case of cancellation
payout = position.yesShares + position.noShares;
} else {
// Calculate winnings
uint256 winningShares = market.outcome ? position.yesShares : position.noShares;
uint256 totalWinningShares = market.outcome ? market.totalYesShares : market.totalNoShares;
if (winningShares > 0 && totalWinningShares > 0) {
// Winner gets proportional share of the pool minus platform fee
uint256 fee = (market.totalPool * platformFee) / FEE_DENOMINATOR;
uint256 payoutPool = market.totalPool - fee;
payout = (payoutPool * winningShares) / totalWinningShares;
}
}
position.claimed = true;
if (payout > 0) {
(bool success, ) = msg.sender.call{value: payout}("");
require(success, "Transfer failed");
emit WinningsClaimed(marketId, msg.sender, payout);
}
}
/**
* @dev Cancel a market (emergency function)
* @param marketId The market to cancel
*/
function cancelMarket(uint256 marketId)
external
onlyOwner
marketExists(marketId)
{
require(!markets[marketId].resolved, "Already resolved");
markets[marketId].canceled = true;
emit MarketCanceled(marketId);
}
/**
* @dev Authorize an oracle address
* @param oracle Address to authorize
*/
function authorizeOracle(address oracle) external onlyOwner {
authorizedOracles[oracle] = true;
emit OracleAuthorized(oracle);
}
/**
* @dev Revoke oracle authorization
* @param oracle Address to revoke
*/
function revokeOracle(address oracle) external onlyOwner {
authorizedOracles[oracle] = false;
emit OracleRevoked(oracle);
}
/**
* @dev Update platform fee
* @param newFee New fee (out of 1000, e.g., 20 = 2%)
*/
function setPlatformFee(uint256 newFee) external onlyOwner {
require(newFee <= 100, "Fee too high"); // Max 10%
platformFee = newFee;
}
/**
* @dev Withdraw accumulated fees
*/
function withdrawFees() external onlyOwner {
uint256 balance = address(this).balance;
uint256 lockedFunds = 0;
// Calculate funds locked in active markets
for (uint256 i = 0; i < marketCount; i++) {
if (!markets[i].resolved && !markets[i].canceled) {
lockedFunds += markets[i].totalPool;
}
}
uint256 withdrawable = balance > lockedFunds ? balance - lockedFunds : 0;
require(withdrawable > 0, "No fees to withdraw");
(bool success, ) = owner.call{value: withdrawable}("");
require(success, "Withdrawal failed");
}
/**
* @dev Get market details
*/
function getMarket(uint256 marketId)
external
view
marketExists(marketId)
returns (
string memory question,
string memory description,
uint256 endTime,
uint256 resolutionTime,
bool resolved,
bool outcome,
uint256 totalYesShares,
uint256 totalNoShares,
uint256 totalPool,
bool canceled
)
{
Market storage market = markets[marketId];
return (
market.question,
market.description,
market.endTime,
market.resolutionTime,
market.resolved,
market.outcome,
market.totalYesShares,
market.totalNoShares,
market.totalPool,
market.canceled
);
}
/**
* @dev Get user position in a market
*/
function getPosition(uint256 marketId, address user)
external
view
marketExists(marketId)
returns (uint256 yesShares, uint256 noShares, bool claimed)
{
Position storage position = positions[marketId][user];
return (position.yesShares, position.noShares, position.claimed);
}
/**
* @dev Calculate potential payout for a position
*/
function calculatePayout(uint256 marketId, address user, bool assumeOutcome)
external
view
marketExists(marketId)
returns (uint256)
{
Market storage market = markets[marketId];
Position storage position = positions[marketId][user];
if (market.canceled) {
return position.yesShares + position.noShares;
}
uint256 winningShares = assumeOutcome ? position.yesShares : position.noShares;
uint256 totalWinningShares = assumeOutcome ? market.totalYesShares : market.totalNoShares;
if (winningShares == 0 || totalWinningShares == 0) {
return 0;
}
uint256 fee = (market.totalPool * platformFee) / FEE_DENOMINATOR;
uint256 payoutPool = market.totalPool - fee;
return (payoutPool * winningShares) / totalWinningShares;
}
/**
* @dev Transfer ownership
*/
function transferOwnership(address newOwner) external onlyOwner {
require(newOwner != address(0), "Invalid address");
owner = newOwner;
}
}