About takes.fyi

takes.fyi is an experimental, permissionless, fully on-chain social game. Each take is a single-sentence opinion published by an address. Anyone can pay USDC into the take's bonding curve to mint non-transferable conviction shares; anyone holding shares can burn them back to the curve to receive USDC at the current quote.

There is no resolution. There is no oracle. There is no real-world outcome being predicted. Quote movement reflects nothing more than the relative ratio of USDC backing to shares issued under a fixed constant-product invariant.

Every trade pays a 2% fee in USDC: 1.5% to the platform, 0.5% to the creator of the take. Creating a take costs 1 USDC, paid to the platform. Funds in the bonding curve are held by the smart contract, not by the operator. The contract has no admin keys.

This site is not an investment product, an exchange, a broker, or a depository. It is a social experiment. Do not back any take with funds you are not willing to lose entirely.