FAQ
1. What is Libera and how does it work?
Libera is a decentralized prediction market platform on Base (Ethereum Layer 2) where you trade on real-world asset price movements—cryptocurrencies, billionaire net worth, stocks, precious metals, and NFT floor prices. Take LONG/SHORT positions (Beginner Mode) or YES/NO shares (Standard Mode) across four timeframes: Hourly, Daily, Weekly, and Monthly. Winners take 99% of the losing pool based on price direction at settlement.
2. What's the difference between Beginner Mode and Standard Mode?
Beginner Mode: Pool-based trading with LONG/SHORT positions. Better entry timing = higher rewards through weighted distribution. Positions lock until expiration—no early exit. Simple interface, 0.25% entry fee. Perfect for learning prediction markets.
Standard Mode: Professional order book with YES/NO shares that pay $1.00 if correct. Trade anytime before expiration with limit orders, stop losses, and TWAP. 0.25% trading fee + 1% settlement fee. Requires understanding of order books.
3. What assets can I trade?
Currently Available:
Cryptocurrencies: BTC, ETH, BNB, SOL, DOGE, XRP (24/7 trading)
Coming Soon:
Billionaire Net Worth: Forbes/Bloomberg tracked wealth changes
US Stocks: Top companies by market cap (market hours)
Precious Metals: Gold, Silver (commodity hours)
NFT Markets: Floor price movements of major collections
All assets available in Hourly, Daily, Weekly, and Monthly markets.
4. How much do I need to start?
USDC: $100-$300 for trading positions ETH: $1-$2 for gas fees (~10-20 transactions at $0.10-$0.50 each)
Beta Position Limits:
Minimum: $10 per market
Maximum: $10,000 per market
Keep 10-15% total bankroll exposure across all positions for proper risk management.
5. How does entry-weighted distribution work in Beginner Mode?
Your reward = stake size × entry timing performance. Earlier entries at better prices earn significantly more.
Formula: (Closing Price - Your Entry Price) / Your Entry Price = Individual Win %
Example: Two users stake $1,000 on Bitcoin LONG. One enters Monday at $98,500, another enters Friday at $99,800. Bitcoin closes Sunday at $100,000. The Monday entry earns approximately 7.6x more despite identical stakes—entry timing matters dramatically.
6. What are the fees?
Beginner Mode:
Entry fee: 0.25%
Settlement fee: 1% (deducted from losing pool)
No fees on ties
Standard Mode:
Trading fee: 0.25% per trade
Settlement fee: 1% on winnings only
No fees on ties
Gas: $0.10-$0.50 per transaction in ETH on Base network
7. Can I exit before expiration?
Beginner Mode: No. Positions lock until settlement (1 hour to 30 days depending on timeframe). This eliminates emotional trading and forces thoughtful analysis.
Standard Mode: Yes. Trade YES/NO shares freely anytime before expiration. Exit positions, take profits, or cut losses whenever you want.
8. Which timeframe should I choose?
Hourly: Active traders, news reactions, quick profits (high volatility)
Daily: Part-time traders, overnight positions (moderate volatility)
Weekly: Weekend analysts, balanced pace, best for beginners (lower volatility)
Monthly: Patient investors, fundamental analysis, long-term positions (lowest volatility)
Match timeframe to your lifestyle and risk tolerance. You can trade multiple timeframes simultaneously.
9. How does settlement work?
Oracle captures final price at expiration and compares to opening price:
Closing > Opening: LONG/YES wins everything
Closing < Opening: SHORT/NO wins everything
Closing = Opening: TIE—all stakes returned with no fees deducted
Only direction matters, not magnitude. A 0.1% increase and 10% increase both result in complete LONG/YES victory.
Beginner Mode: Winning pool gets 99% of losing pool, distributed by entry-weighted performance.
Standard Mode: Each winning share pays $0.99 ($1.00 minus 1% settlement fee).
Claim winnings manually after settlement (requires ETH gas fee).
10. What happens if the price doesn't change?
If closing price exactly equals opening price (rare):
All stakes/shares are returned
No platform fees deducted (not even trading fees)
Only gas fees apply for claiming returns
11. How do I earn Libera Points?
Visit https://libera.xyz/points for complete details on earning and using Libera Points.
12. Is there a referral program?
Yes! Libera has a comprehensive referral system. Visit the Referral page for complete details on earning rewards by inviting friends.
13. What networks does Libera support?
Libera operates exclusively on Base (Ethereum Layer 2 by Coinbase):
Low transaction costs (under $0.50)
Fast confirmations (2-3 seconds)
Ethereum-level security
Seamless Coinbase integration
14. Can I trade multiple markets at once?
Yes! You can enter positions across:
Multiple asset classes (crypto, stocks, metals, NFTs)
Multiple timeframes (hourly, daily, weekly, monthly)
Multiple markets per asset (e.g., Bitcoin hourly + Bitcoin weekly)
Platform monitors concentration and alerts on excessive exposure.
15. What happens during market hours for stocks and metals?
For 24/7 Assets (Crypto, NFTs):
Markets created continuously at all times
Settlement happens exactly at scheduled times
For Time-Limited Assets (Stocks, Metals) - Coming Soon:
New markets created only during trading hours
Existing markets continue during off-hours
Settlement uses last available trading price
Next market opens at session start
16. How secure are my funds?
Smart contracts audited by leading security firms
Open-source code for community review
Multi-signature governance controls
Funds segregated in battle-tested contracts
Active bug bounty program
Multiple oracle sources with cross-validation
Your funds remain in smart contracts, not controlled by any centralized party.
17. Can I use Libera on mobile?
Yes! Libera is accessible via mobile browsers using WalletConnect-compatible mobile wallets like:
Coinbase Wallet
MetaMask Mobile
Rainbow Wallet
Trust Wallet
Native mobile apps may be released in the future.
18. What's the difference between LONG/SHORT and YES/NO?
LONG/SHORT (Beginner Mode):
Traditional trading terminology
Pool-based system
LONG = betting on price increase
SHORT = betting on price decrease
YES/NO (Standard Mode):
Prediction market terminology
Share-based system
YES share = pays $1 if price increases
NO share = pays $1 if price decreases
Both represent the same directional bets, just different trading mechanics.
19. When will new asset categories launch?
Cryptocurrencies are live now. Billionaire net worth, stocks, precious metals, and NFT markets are coming soon. Follow @Libera_xyz on Twitter and join our Discord for launch announcements.
20. How do I get help or report issues?
Community Support:
Discord: Real-time community help
Twitter: @Libera_xyz for updates
Official Support:
General inquiries: [email protected]
Technical issues: [email protected]
Security concerns: [email protected]
Governance matters: [email protected]
Documentation:
Main docs: docs.libera.xyz
GitHub: github.com/liberadotxyz
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