PANews reported on December 16th that PancakeSwap announced the launch of Probable, a new on-chain prediction platform incubated by the company. Probable focuses on providing a zero-fee, user-friendly, and completely transparent prediction experience. Probable will be exclusively listed on BNB Chain, supporting users in predicting cryptocurrency trends, global events, sporting events, and regional markets.

The platform utilizes UMA's Optimistic Oracle to ensure fast, tamper-proof, and economically secure event verification. It also supports users depositing any token and automatically converting it to USDT for prediction. PancakeSwap and YZi Labs jointly support the development of Probable, aiming to bring users an innovative prediction market experience.