About betonbase.app
What is betonbase.app?
betonbase.app is a decentralized betting platform built on top of the Azuro Protocol and deployed on Base, an Ethereum Layer 2 scaling solution. We provide a user-friendly interface for accessing Azuro's decentralized betting markets.
The Azuro Protocol
Azuro is a decentralized betting protocol that revolutionizes sports betting through blockchain technology. It provides:
- Transparent and verifiable odds
- Decentralized liquidity pools
- Automated market making
- Trustless bet settlement
- No custody of user funds
The protocol eliminates the need for traditional bookmakers by using smart contracts to manage betting markets, handle user funds, and settle bets automatically.
Why Base?
Base is an Ethereum Layer 2 scaling solution that provides:
- Low transaction costs
- Fast transaction finality
- Ethereum-level security
- Seamless integration with Ethereum mainnet
How It Works
When you place a bet on betonbase.app:
- Your bet is processed through smart contracts on the Base network
- The bet amount is locked in Azuro's liquidity pools
- When the event concludes, results are verified by Azuro's oracle network
- Winnings are distributed to successful bets, where users can then redeem winnnigs with no friction.
