Hedge.Events is a no-loss platform to hedge on specific events. Inspired by
PoolTogether, the Hedge.Events platform enables users to hedge specific events, without the risk of losing the priniciple staked.
Once an event is selected, the user stakes an amount of EVNT to the event. If the event outcome is true, the user will have their inital stake returned and be included in the EVNT prize distribution. If the event outcome is false, the user will simply have their initial stake returned.
The process of staking on the EVNT platform acts similar to a savings account. If the user stakes both outcomes of a specific event, he or she will receive a percentage of the EVNT reward. However, if the user stakes on only one outcome of an event, staking acts similar to a prize-linked savings account, where the user may receive the EVNT reward as prize.